Inflation just spiked. Here are 3 reasons why a gold investment makes sense right now.

MoneyWatch: Managing Your Money Inflation just spiked. Here are 3 reasons why a gold investment makes sense right now. We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Angelica Leicht Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing roles at The Simple Dollar, Interest, HousingWire and other financial publications. Read Full Bio Angelica Leicht April 10, 2026 / 10:45 AM EDT / CBS News Add CBS News on Google Rising inflation doesn't automatically make gold investing the right move, but it does make it even more appealing. DBenitostock/Getty Images Americans were already feeling squeezed by rising prices, and now they have fresh data to confirm it. After months of relative stability, consumer prices are climbing at their quickest annual pace in nearly two years, surprising both economists and households already stretched by elevated borrowing costs. According to the latest inflation data, the Consumer Price Index rose at a 3.3% annual rate in March, up sharply from a rate of 2.4% the month prior. That jump was even more pronounced in terms of energy costs, which surged in the wake of the Middle East conflict that has choked off crude oil supply through the Strait of Hormuz. That resulted in gasoline prices alone jumping nearly 11% from the month prior. That, in turn, pushed inflation significantly higher overall, creating ripple effects across transportation, food and everyday goods.For consumers, that means a renewed squeeze on purchasing power. For investors, though, it raises a different question: how to respond when inflation proves more stubborn than forecasts suggest. And for many,...