the consumer price index for urban consumers through June, and estimated CPI-U values for July, August, and September. Thelatest Millimanprojections were based on a Sept. 13 report from the U.S. Bureau of Labor Statistics.
Goldman Sachsnoted that gold’s relative stability after the stronger-than-expected US CPI print was yet another demonstration that the metal’s bull market is not being driven by the usual macro suspects. This, along with other factors, has led to Goldman Sachs' decision to raise its forecast...