Large-scale reduction of grain production. If imported food and stored food can't make up for the huge gap caused by the reduction, the food index in CPI will rise, and the overall level of CPI is very likely to rise (unless other econometric price indexes are quickly suppressed or reduced). The increase of overall CPI will cause regional inflation, and maintaining low interest rates may also affect the rise of gold prices;
The price of gold is mainly affected by gold production and international gold supply and demand price; If the lack of regional inflation has affected the trend of gold in the international market, then the price of gold will not change greatly;
Although there is an inevitable possibility, there are many constraints and related factors. First, food imports, international food production level; Second, the compilation of CPI, which is just an indicator and a set of statistical data, is artificially set as a reference, and the calculation content set by different countries is different; Third, gold is mainly affected by the relationship between gold production and international gold price supply and demand; Fourth, it also involves interest rates, foreign exchange and other factors; So there is also the possibility of not producing inevitability;