Skyrocketing inflation did not burn gold in 2022

Strong inflation in the first half of the year and a fall in the stock market did little for gold prices. Investors do not expect the situation to improve.

after falling asleep near record in march, prices fell over the next three months and were their biggest quarterly percentage drop in more than a year. The most actively traded gold futures contract fell 7.5% to $1,807.30 per troy ounce, its worst quarter since a 9.5% drop in the period ended March 2021.