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home / news releases / IAUM - Elevated Inflation Not Enough For Gold


IAUM - Elevated Inflation Not Enough For Gold

  • While gold has bounced, rallying 4% from the fall low, it remains stuck in a range, between $1,750 an $1,850 an ounce.
  • Since the early spring gold’s correlation with U.S. equities has been around 0.4, well above the levels that prevailed last summer.
  • While rising adaptation of crypto currencies may continue to push prices higher, with extreme volatility and a short track record, Bitcoin’s value as an inflation hedge is unclear.

For further details see:

Elevated Inflation Not Enough For Gold
Stock Information

Company Name: iShares Gold Trust Micro
Stock Symbol: IAUM
Market: NYSE

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