Tomorrow the U.S. Bureau of Labor Statistics will release the most current inflationary data. Two primary metrics are used to reveal inflationary pressures. First is the CPI, or Consumer Price Index.

Gold prices continue to drift lower as the U.S.

On the surface, a much weaker than anticipated jobs report was perceived as an underlying bullish factor in gold. However, today gold closed lower, giving back early gains as market participants digested today’s additional jobs added in September.