Peter Schiff: Gold prices rise to $4,530, returning inflation target to 2% is unrealistic

GateNews

Odaily Planet Daily reports that economist and cryptocurrency critic Peter Schiff posted on X stating that gold and silver prices are rising. Gold prices increased by 50 USD, approaching 4530 USD. Silver prices rose by 3 USD, trading at just 10 cents below 75 USD. Peter Schiff believes that if the market thinks that the inflation rate can drop back to 2% amid a record-breaking rally in precious metals, it is a misjudgment.

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