The bigger risk is what the Fed does next
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If the Fed chief opts against raising rates, the market may fear that politics is guiding his thinking. That could lift gold.

Investors' dreaded enemy — inflation — is already hovering around 3.4%. That's the highest level in years. What's the solution?

<p>The 30-year Treasury yield recently hit 5.33%, a 19-year high, before Treasury intervention. Meanwhile the national debt is closing in on $40 trillion with the federal deficit on track to top $2 trillion this fiscal year. It’s a reality that's actively reshaping which ETFs win and which get punished. Here's how America's debt reality is hitting the ETF market right now.</p>

Cooling inflation is easing Fed rate-hike fears, creating a favorable backdrop for growth, emerging-market, Asian and gold ETFs.
One inflation print could decide whether the rally continues
BNP Paribas Wealth Management just handed clients a gold target that would stun most investors, and the bank says two converging forces make it more realistic than it sounds.
Falling inflation fears revived demand for non-yielding assets
(Updates prices in the second and final paragraphs.) Gold was mostly steady midafternoon Friday,
Gold was steady early Friday, sticking above the $4,000 mark even as the dollar rose. Gold for Au
<p>Inflation is running at 3.5% year-over-year, ongoing geopolitical shocks are disrupting global oil supplies, and consumer electronics prices are soaring because of AI memory shortages. This is exactly the inflation environment gold ETFs were built for — and most investors are underweight.</p>
Gold fell as investors weighed Fed rate signals and fresh shipping attacks around the Strait of Hormuz.
(Updates gold price in the second paragraph.) Gold rose for a third session early on Monday, clim
Gold rose for a third session early on Monday, climbing to a two-week high as Treasury yields retrea
(Updates prices in the second paragraph.) Gold traded higher midafternoon Friday in light electro