Gold Hit a Two-Month High. Then It Pulled Back. The PPI Data That Caused Both Moves Is What Matters.

Gold hit a two-month high on Wednesday, then gave back ground Thursday as energy costs complicated an otherwise clean inflation signal. PPI came in flat. September Fed hike odds fell to 40%. ETF money is returning. Citi put a $90 target on silver. Here are the five developments shaping precious metals right now.
What the Gold Price Per Ounce Really Tells You

Most investors glance at the gold price per ounce and move on. But this single number reveals more about the health of the monetary system than almost any other metric — here’s how to read it.
