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home / news releases / GBIL - How High Does Inflation Need To Go To Trigger The Long-Awaited Gold Rush

GBIL - How High Does Inflation Need To Go To Trigger The Long-Awaited Gold Rush

Goldman Sachs Access Treasury 0-1 Year
  • A lot of volatility today on the jobless news that came out today. Job growth accelerated in July and the unemployment rate fell.
  • The unemployment rate fell to 5.4%. In response, gold had a massive selloff.
  • The economic news has brought the issue of tapering back onto the table.

For further details see:

How High Does Inflation Need To Go To Trigger The Long-Awaited Gold Rush
Stock Information
Company Name: Goldman Sachs Access Treasury 0-1 Year
Stock Symbol: GBIL
Market: NYSE
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