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friday's gold move is the bond market talking. gold opened 4652 and closed 4538 on the broker daily candle, low of 4511 intraday. 114 dollar single-day drop. silver collapsed from a weekly high near 88 down to a 75.89 close. this looks insane when CPI is at 3.8 percent (highest since may 2023) and PPI is at 6 percent with wholesale gasoline up 15.6 percent in a single month. gold is supposed to be the inflation hedge. the answer is …
— ORIGINAL POST ·
gold dropped 114 dollars on friday while CPI is at 3.8% and PPI at 6%. the bond market is telling you something the fed will not say yet
· r/investing
· May 17, 2026