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IAUM - Red-Hot Inflation Kindles A Flame For Commodities And Gold
December, 08 2021 02:45 AM
iShares Gold Trust Micro
U.S. CPI inflation rose 6.2% in October 2021, marking the highest level of inflation since 1990. When it comes to assets that can hedge against inflation, commodities have historically stood out as winners. So far this year, gold has disappointed. It has historically been a good hedge for inflation, especially during periods of elevated inflation. For further details see:
Red-Hot Inflation Kindles A Flame For Commodities And Gold
Stock Information
Company Name:
iShares Gold Trust Micro
Stock Symbol:
IAUM
Market:
NYSE
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