Gold Hits Record High as Stagflation Looms
New Delhi, September 11 (Patrika English News): Gold extended its powerful rally, climbing to a fresh inflation-adjusted record above its 1980s peak, as fears of stagflation weighed on global markets. Spot gold rose 0.1% to $3,656.40 an ounce, surpassing the previous inflation-adjusted record of $3,498.77 from 1980. The move came after new US economic data … Read more