After recent lows on July 21, gold and silver prices recovered markedly after the last meeting of the US Federal Reserve. Important key data on inflation in the US in the form of consumer and producer prices should be released this week.

Gold as an investment vehicle is largely defined by opposing forces: persistently high inflation and Central Banks raising interest rates in response. Such a definition can be found on the FinBold portal.

The World Gold Council (WGC) published its latest report on the state of the world gold market for the second quarter of 2022 last week, the results of which turned out to be relatively mixed.

Volatility in the markets cannot hide the fact that the pace of economic development is slowing down. In such conditions, gold serves as a safe haven for capital. So, the Fed decided to raise its key interest rate by 0.75% at the very time when all econom