As this chart shows since the onset of the Covid- Era, the inflation rate to gold price ratio has increased
over 60x in the intervening 30 month. Pricipally this is due to the inflation rate escalating while
spot gold has been stable or decreased. This would seem to suggest that gold is undervalued
and may be overdue for the price adjustment of a bull run. Time will tell as they say
over 60x in the intervening 30 month. Pricipally this is due to the inflation rate escalating while
spot gold has been stable or decreased. This would seem to suggest that gold is undervalued
and may be overdue for the price adjustment of a bull run. Time will tell as they say
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.