What Drives Gold — Inflation or the Fed? | Presented by CME Group

Gold is often seen as a hedge against inflation, but the metal’s momentum may depend less on inflation itself than on how the Fed responds. When Fed tightening pushes real yields higher, gold can come under pressure — even when inflation remains elevated. Presented by @cmegroup https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight

Added 27 Jun 2026