The swirling global economy has recently put significant pressure on gold and silver prices despite the continuing uncertainty that exists in Europe and elsewhere. Earlier this week, China announced figures for both its consumer price index and producer price index that suggest inflation expectations missed the mark fairly considerably. This has the effect of putting significant pressure on gold and silver prices throughout the year.
In the video below, Fool.com contributor Doug Ehrman discusses the potential impact of the report, how precious metals may be affected by the Chinese government, and developments in the world's second-largest economy.
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