Gold Eyes $4,500 as CPI Day Approaches, Silver Targets $67

Gold prices are reaching for $4,500 as investors await the release of the US Consumer Price Index (CPI) data on Wednesday. The CPI is a key indicator of inflation and can have a significant impact on gold prices.

Silver, on the other hand, is eyeing a target of $67 per ounce, according to Phil Streible, Chief Market Strategist at Blue Line Futures. Streible notes that 100-ounce silver futures contracts are now available, offering traders a more accessible way to participate in the market.

Streible cautions that futures trading involves significant risk and may not be suitable for all investors. He advises traders to carefully consider their financial condition before entering into any trades.