Gold

<h2 id="quick-take">Quick Take</h2> 
<p>An examination of the real, inflation-adjusted gold prices since 1915, using the headline Consumer Price Index (CPI), reveals a striking pattern of peaks and troughs. Particularly noteworthy is the peak in January 1980, when an ounce of gold reached $2,675, its highest ever in inflation-adjusted terms.</p> 
<p>Since then, despite two subsequent peaks in August 2011 and August 2020, at $2,472 and $2,327 respectively, gold has not yet reclaimed its inflation-adjusted high from 1980. This data suggests a significant resistance level for real gold prices, indicative of underlying economic factors and market sentiment that prevent a return to the 1980 high.</p> 
<p>As gold is often seen as a hedge against inflation, this trend might also shed light on different periods of economic stability and inflationary pressures.</p> 
<figure id="attachment_359746" aria-describedby="caption-attachment-359746" style="width: 100%" class="wp-caption aligncenter"> 
 <img class="wp-image-359746 size-full" src="https://cryptoslate.com/wp-content/uploads/2023/09/gol.png" alt="Gold Price History: (Source:macrotrends.net)" width="904" height="580" srcset="https://cryptoslate.com/wp-content/uploads/2023/09/gol.png 904w, https://cryptoslate.com/wp-content/uploads/2023/09/gol-300x192.png 300w, https://cryptoslate.com/wp-content/uploads/2023/09/gol-768x493.png 768w" sizes="(max-width: 904px) 100vw, 904px"> 
 <figcaption id="caption-attachment-359746" class="wp-caption-text">
   Gold Price History: (Source:macrotrends.net) 
 </figcaption> 
</figure> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://cryptoslate.com/insights/analysis-of-inflation-adjusted-trends-show-gold-unable-to-break-1980-high/">Analysis of inflation-adjusted trends shows gold unable to break 1980 high</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://cryptoslate.com">CryptoSlate</a>.</p>

Analysis of inflation-adjusted trends shows gold unable to break 1980 high

قائمة المحتويات

CryptoSlate

المزيد من المقالات نُشرت في ٢٣ سبتمبر ٢٠٢٣

Investor Shiba Inu Diminta untuk Jauhi Token Calsium Karena Potensi Scam

Payments shouldn’t be handled on the Ethereum and Bitcoin networks | Opinion

Ethereum’s Network Fees Drop to 2023 Low: Intelligence Firm

LEO's 0.12% Price Increase to $3.82: Key Insights for September 23, 2023

5 Most Important Trends in DeFi: Unpacking Token 2049

The Wild West of Crypto is Heating Up with Major Investment Bidding Wars, Fund Launches, and Bloc...

انضم إلى مجلتنا الإخبارية المجانية لآخر تحديثات مجال العملات المشفرة يوميًا.