Will US CPI Print Send Gold 3% Higher?

By Staff of Seasonax

Seasons, Patterns & Cycles • Jan 11, 2024 at 6:00 AM EST

Over the last 5 years gold has risen into and out of US CPI prints 60% of the time for an average 0.28% gain.

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The event feature on Seasonax allows us to see the reaction of instruments to market moving economic data. With just a couple of clicks, we can analyze the data and see how gold has reacted over the last 5 years' worth of US inflation reports.

Over the last 5 years gold has risen into and out of US CPI prints 60% of the time for an average 0.28% gain. Interestingly, the largest gain on a US CPI print in gold has been 3.11%. So, if we see a big miss in the US CPI print with the CPI MM 0.10% or lower, the Core CPI MM 0.10% or lower, the headline 3% or lower, and the CORE CPI 3.7% or lower then watch out for gold gains! If that deviation happened could gold gain 3% again?

This is the most important release of the week and not one to miss!

The major trade risk here is if inflation comes in high - that will pressure gold lower.

Video Length: 00:01:48

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