Economic Indicators

Economic indicators are key statistics that provide insight into the health and direction of an economy. These indicators help investors, businesses, and policymakers assess market conditions and make informed decisions. Key economic indicators include GDP growth, unemployment rates, inflation, and consumer confidence. For gold investors, economic indicators such as inflation rates and interest rates are particularly important, as they can influence the demand for gold as a hedge against economic uncertainty. Monitoring these indicators helps predict economic trends and inform investment strategies.