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Both gold and silver prices saw a rise last week after figures showed that December’s CPI reached 7% year-on-year in the US, a 40-year high. As US inflation begins to take root, are precious metals set to soar?

As we continue to venture into 2022, many of us have made resolutions for the new year, with some of us hoping to improve the state of our finances after a difficult couple of years. Price rises in gold and silver during the pandemic have recently led to investors flocking to precious metals, many for the first time. Here we will cover why people invest in gold, and whether precious metals could be a good investment for you in 2022.

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