Peter Schiff: Gold prices rise to $4,530; a return to the 2% inflation target is unrealistic.

Odaily Planet Daily reports that economist and cryptocurrency critic Peter Schiff wrote on the X platform that gold and silver prices have risen. Gold prices rose $50, approaching $4,530. Silver prices rose $3, trading just 10 cents below $75. Schiff believes that it is a misjudgment for the market to think that inflation will fall back to 2% despite record gains in precious metals.