Desperately Seeking Inflation

Precious Metals Commentary (week ending 26th July 2019)

Gold pulled back to $1,417 this week on the back of a stronger US Dollar, with silver shining brightest, adding USD 10c to trade at $16.45 at time of writing.

This week, we look at why RBA Governor Philip Lowe is desperately seeking inflation and whether gold attracting mainstream media attention means we are getting into the mania phase of a bubble.

Gold Price Chart AUD


 Read the full report by ABC Bullion's John Feeney and Bron Suchecki here