The Real Reason Gold Falls When Inflation Surges

April CPI hit 3.8% — and gold dropped. If that feels backwards, it should. Here’s the chain: hot inflation forced traders to reprice the Fed toward rate hikes, which lifted the dollar, which pressured gold. The short-term mechanics and the long-term case are two different things — and today is a perfect illustration of why.
What’s Moving Gold Prices This Week: CPI, Seoul & Beijing

Gold is near $4,717/oz and the reasons run deeper than this week’s headlines. A closed strait, a frozen Fed, and central banks buying at record pace — here’s what’s actually driving prices.
