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home / news releases / GLDI - Sticky Inflation Boosts Gold


GLDI - Sticky Inflation Boosts Gold

2024-05-14 08:50:00 ET

Summary

  • Gold’s strength continued in April, with the spot price of the metal repeatedly reaching new highs throughout the month.
  • This year, we are starting to see a decoupling between Fed path expectations and gold.
  • We believe the return of Western investment demand, supported by increased risks to the U.S. economy and a deeper correction of the equity markets, has the potential to drive gold prices even higher.

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For further details see:

Sticky Inflation Boosts Gold
Stock Information

Company Name: Credit Suisse X-Links Gold Shares Covered Call ETN
Stock Symbol: GLDI
Market: NASDAQ

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