Has Gold Lost Its Hedge Appeal?

Bloomberg Markets and Finance published this video item, entitled “Has Gold Lost Its Hedge Appeal?” – below is their description.

After a multi-decade wait, it appears that inflation has returned to the U.S. economy. However, gold, historically touted as the ultimate protection against inflation, has traded sideways over the past year. Has gold lost its position as an inflation hedge? Presented by @CME Group: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights

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