Rising inflation and record copper prices point to undervalued gold market – Felder Report

The copper market has seen a confluence of bullish factors as increasing demand and falling supply push prices to record highs.

And while the economists at the Fed would encourage us to view this surge as “transitory,” copper prices would appear to suggest otherwise.

Despite rising inflation, the gold market has been struggling to find new bullish momentum as prices briefly fell to a one-week low following the consumer inflation data.

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