Gold prices are smashing record highs but it’s still a risky bet — ‘You’re not sending gold to buy your Domino’s pizza,’ finance expert warns

Quick Summary:

Americans are increasingly pessimistic about the economy and expect inflation to rise, the Michigan consumer sentiment survey revealed.

Haworth is somewhat skeptical of the metal’s long-term prospects, but he noted inflation expectations in the Michigan survey spiked to 4.9%, up from 4.3% in February and the highest reading since November 2022.

Gold isn’t as liquid as it’s often made out to be, Rob Haworth, a senior investment strategist at U.S.

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Article Details

Author / Journalist: Greg McKenna

Category: EconomyBusiness

Markets: United States

Topics: Donald Trump Inflation Personal Finance Markets Tariffs and trade Gold

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-15 @ 05:31:24 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 664 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 166 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27017775

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