Tomorrow the U.S. Bureau of Labor Statistics will release the inflationary numbers vis-à-vis the CPI index. This report will be a critical component that the Federal Reserve will review before releasing its adjusted monetary policy.

On Friday, November 10 the U.S. Bureau of Labor Statistics will release its most current report on inflation for November 2021. Inflationary pressures have spiraled out of control and since June have consistently been at or above 5.3%.

Gold futures basis the most active February 2022 contract had modest gains today and as of 5:25 PM EST is currently fixed at $1784.90. Gold traded to a high of $1789.30, and a low of $1772.40.