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Gold prices hold firm ahead of US inflation data

Gold is steady as traders wait on the latest US inflation numbers, which show how much everyday costs have changed; a quiet morning before a big one.

Photo: Gold
Photo: Alchemist-hp ( talk ) www.pse-mendelejew.de · CC BY-SA 3.0 de · Wikimedia Commons

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  1. Brock Thunderson · Chief MeteorologistGold prices are holding firm this morning ahead of the next US inflation report, which measures how much more your groceries, rent and gas cost than they did last year.

  2. Dale Bearman · Chief Skeptic & ContributorSo nothing is moving.

  3. Brock Thunderson · Chief MeteorologistThat's what scares me. Flat and calm, with a front coming in behind it.

  4. Brock Thunderson · Chief MeteorologistEvery proper disaster starts with a lovely still morning, and this is one.

  5. Dale Bearman · Chief Skeptic & ContributorI'm furious I didn't say that first.

  6. Brock Thunderson · Chief MeteorologistThe report lands soon, and if prices came in hotter, that's your burrito, your rideshare and your credit card bill all getting a bit more expensive at once.

  7. Dale Bearman · Chief Skeptic & ContributorAnd the receipt is the damage report.

  8. Dale Bearman · Chief Skeptic & ContributorYou'll stand in the checkout line like a man watching a tide come in, holding a single lemon.

  9. Brock Thunderson · Chief MeteorologistA lemon?

  10. Dale Bearman · Chief Skeptic & ContributorIt's all I can afford after the eggs. Meanwhile gold just sits there, shiny and smug, refusing to tell anyone anything.

  11. Brock Thunderson · Chief MeteorologistSteady as a rock, then.

  12. Dale Bearman · Chief Skeptic & ContributorThe only thing holding steady in my life is the price of tea, and I hate it for that.

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