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Gold prices are rising again

A line chart that tracks daily gold futures prices per troy ounce from Aug. 12, 2025, to Aug. 12, 2026. Prices rose from $3,399 to 4,465, hit a low of 3,358.7 on Aug. 19, 2025, and peaked at 5,366.5 on March 1, 2026, before retreating.

Gold futures

Data: Financial Modeling Prep; Chart: Emily Peck/Axios

Why "chipflation" is here to stay

A line chart that shows the annual change in the producer price index for electronic components and accessories, measured monthly from December 1966 to June 2026. Values range from a low of minus 12.7% to a high of 27.6%. Sample points include 3.8% in December 1966, minus 4.3% in August 1996 and 27.6% in June 2026.

Annual change in Producer Price Index for electronic components and accessories

Data: U.S. Bureau of Labor Statistics via FRED; Chart: Emily Peck/Axios

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