Gold's Inflation Hedge: The Gold-to-Gas Ratio Approaches ATH In 2024

The miles per ounce of gold is close to hitting all-time highs in 2024. There is one take-away from this: gold is a hedge against rising prices, including gasoline. Over the past several years, the price of unleaded regular gasoline has nearly doubled, prompting many to reconsider their travel plans. The gold-to-gas ratio, a measure ...

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