Surging U.S. Inflation Expectations Propel Gold Higher

by Jesse Colombo
GoldSeek

Since President Trump took office and introduced his policies, financial markets have faced a wave of uncertainty driven by a mix of complex and often conflicting forces.

This volatility has led to choppy market conditions, but for precious metals investors, uncertainty has been a boon. Over the past month, gold has surged by approximately $200, while silver has climbed $3, or 10%.

One key driver behind this rally is rising U.S. inflation expectations, as newly released data confirms.

U.S. consumers’ 12-month inflation expectations jumped to 4.3% in February, the highest level since November 2023, according to the University of Michigan’s monthly consumer sentiment survey.

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