{"id":17563,"date":"2013-07-09T10:34:27","date_gmt":"2013-07-09T08:34:27","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/17563\/gold-recovered-further-as-chinese-inflation-data-triggered-inflation-hedge\/"},"modified":"2013-07-09T10:34:27","modified_gmt":"2013-07-09T08:34:27","slug":"gold-recovered-further-as-chinese-inflation-data-triggered-inflation-hedge","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/17563\/gold-recovered-further-as-chinese-inflation-data-triggered-inflation-hedge\/","title":{"rendered":"Gold Recovered Further as Chinese Inflation Data Triggered Inflation Hedge"},"content":{"rendered":"<p>Gold price continued to recover on Tuesday with the benchmark Comex contract rising to as high as 1258. While the overall picture remains benign, China&#8217;s headline CPI in June has raised the need for inflation hedge. Headline inflation rose to +2.7% y\/y in June, up from +2.1% a month ago. The reading on monthly basis stayed flat, indicating the improvement from a year ago was driven mainly by the price weakness last year. The low non-food inflation signaled that the output gap continued to grow.<\/p>\n<div>\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=ZjGR4i1zVSw:1E_QlE3-Mwc:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=ZjGR4i1zVSw:1E_QlE3-Mwc:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=ZjGR4i1zVSw:1E_QlE3-Mwc:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=ZjGR4i1zVSw:1E_QlE3-Mwc:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=ZjGR4i1zVSw:1E_QlE3-Mwc:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=ZjGR4i1zVSw:1E_QlE3-Mwc:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=ZjGR4i1zVSw:1E_QlE3-Mwc:l6gmwiTKsz0\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=l6gmwiTKsz0\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=ZjGR4i1zVSw:1E_QlE3-Mwc:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=ZjGR4i1zVSw:1E_QlE3-Mwc:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/OngFocus\/~4\/ZjGR4i1zVSw\" height=\"1\" width=\"1\" \/><\/p>\n<p>The rest is here:\u00a0<br \/>\n<a target=\"_blank\" href=\"http:\/\/feedproxy.google.com\/~r\/OngFocus\/~3\/ZjGR4i1zVSw\/\" title=\"Gold Recovered Further as Chinese Inflation Data Triggered Inflation Hedge\">Gold Recovered Further as Chinese Inflation Data Triggered Inflation Hedge<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold price continued to recover on Tuesday with the benchmark Comex contract rising to as high as 1258. While the overall picture remains benign, China&#8217;s headline CPI in June has raised the need for inflation hedge. Headline inflation rose to +2.7% y\/y in June, up from +2.1% a month ago. The reading on monthly basis stayed flat, indicating the improvement from a year ago was driven mainly by the price weakness last year. The low non-food inflation signaled that the output gap continued to grow. <\/p>\n","protected":false},"author":33,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-17563","post","type-post","status-publish","format-standard","hentry","category-welcome-start-here-tradecrudeoilchatroom"],"_links":{"self":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/17563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=17563"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/17563\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=17563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=17563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=17563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}