Inflation is the deciding factor!


VOLCKER ERA 1970s VS. NOW (2026)
US inflation in April 2026 will only be 3.78% – much lower than the peak of the 1970s (when Volcker had to frantically raise interest rates to 20% to curb inflation).
When inflation rises and bond yields explode → gold usually undergoes a deep correction before a strong surge (the early Volcker period is a prime example).
Currently, US oil prices have surged and the Trump-China agreement may push inflation up in the next quarter, but in the short term, high yields are prevailing.
Gold is not yet the time to "all-in" and increase at this stage. Waiting for corrections to 4,414 is still the scenario I favor!
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned