Workflow
7 Must-Own Gold Stocks to Combat Sticky Inflation
BHPBHP(BHP) InvestorPlace·2024-03-06 20:22

With the Federal Reserve aggressively targeting inflation via elevating the benchmark interest rate, gold stocks to buy represented a questionable venture to say the least. Gold typically does well under rising prices as an inflation hedge. Like other commodities, it doesn’t perform up to snuff during disinflationary cycles.However, as The Wall Street Journal pointed out not too long ago, consumer prices have been rising faster than expected. Stated differently, inflation is sticky; that is, prices are not ...