The silver price was on the rise once again this week — it surged past the US$67 per ounce level on Friday (December 19), hitting a new record before pulling back. As for gold, it spent much of the period around the US$4,330 per ounce level, although it rose as high as US$4,360 on Thursday (December 18), approaching its own all-time high. Investors were eyeing November US consumer price index (CPI) data, which came out on Thursday. It was up 2.7 percent year-on-year, while core CPI was measured at 2.6 percent. Those figures were quite a bit lower than analysts’ estimates, and data collection issues caused by the US government shutdown have left market participants questioning the results. Notably, Bureau of Labor Statistics officials had to make ‘certain methodological assumptions’ because the October CPI report was canceled entirely. The bureau also started November data collection later than usual, driving concerns…
