Bernanke: Gold Sends Different Signal on Inflation

10 June 2010  Reuters

Reuters Logo image

Gold's response to inflation is different when compared with other assets and commodities, U.S. Federal Reserve Chairman Ben Bernanke said on Wednesday.

"The signal that gold is sending is in some ways very different from what other asset prices are sending," said Bernanke at a Wednesday U.S. House of Representatives Budget Committee hearing when asked about inflation.

http://www.reuters.com/article/idUSTRE65846U20100609