New Found Gold Corp V.NFG

Gold up out of the gate

[Retiredgeo]

Gold soars $33 in the first few minutes on a cooler than expected US inflation rate

[AlwaysLong683]

Yes, the U.S. Inflation number for October came in at 7.7%, down from 8.2% in September and the fourth decrease in a row since the 2022 high of 9.1% set in June. Core Inflation for October was 6.3%, down from a 2022 high of 6.6% last month. Thus the rally in gold stocks out of the gate today as investors are likely expecting the FED to reduce the size of interest rate increases going forward and

[CliffBoothe]

Tell us something we dont already know. Cliff

[Dixiedee]

  with the midterm runoff election looking to decide the senate Fed will most likely raise rates less than the previous .75 hikes .50 is my guess