Inflation Worries Push Gold Prices Up
November 17, 2021 at 15:28 PM EST
Gold’s 2021 has been surprisingly muted, but concerns about inflation are finally breaking gold out of its rut. The yellow metal is currently at $1,860.50, and the newfound momentum for the safe haven asset is likely to attract new investors. A price of $1,900 or more could be within reach in the coming weeks, according to a Citigroup note .