Read the story here. Advertise at Before It's News here.
Profile image
By NC Renegade (Reporter)
Contributor profile | More stories
Story Views
Last hour:
Last 24 hours:

Gold prices jump as U.S. producer prices rise 1% in June, record annual rise of 7.3%

% of readers think this story is Fact. Add your two cents.

Gold Dips! Take Advantage with AOCS Mint Gold and Savings ...

Gold prices are holding at session highs as the inflation threat in the U.S. continues to growth with producers feeling the heat.

Wednesday, the U.S. Labor Department said its Producer Price Index (PPI) rose 1% in June following May’s 0.8%; the data was stronger than expected with economists’ forecasting an increase of 0.6%.

For the year, producer prices rose 7.3% the largest advance since 12-month data were first calculated in November 2010.

The report said that core producer prices rose also rose 1% last month, up from May’s increase of 0.7%. Economists were expecting to see a 0.5% rise in wholesale inflation.



Remember, gold is not going up in value, the dollar (and your life’s savings) are going down in value. The government is stealing your wealth through taxation, regulatory fees and hyperinflation.

David DeGerolamo


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Total 1 comment
  • truck driver

    Government is stealing everyone’s house and money by killing you with a vaccine

Load more ...




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.