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

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