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Is Wheaton Precious Metals a Good Inflation Hedge?

TheMotleyFool

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The inflation rate has been slowing down this year. It grew at a 2.4% annualized rate in February, down from 2.7% last year and a peak of 7% in 2021. However, with oil prices surging due to the war with Iran, inflation could reaccelerate.

Here's a look at whether gold and silver streaming company Wheaton Precious Metals (NYSE: WPM) is a good inflation hedge.

Image source: Getty Images.

Source Fool.com