Peter Schiff: Gold price rises to $4,530, returning inflation target to 2% is unrealistic

According to Odaily, economist and cryptocurrency critic Peter Schiff posted on X, stating that gold and silver prices are rising. Gold prices have increased by $50, approaching $4,530. Silver prices have risen by $3, with the trading price just 10 cents below $75. Peter Schiff believes that if the market thinks inflation can return to 2% while precious metals are hitting record highs, it is a misjudgment.