In-line inflation figures have kept stocks on an even keel and given gold a boost, says Chris Beauchamp, Chief Market Analyst at online trading and investing platform IG. A hot CPI, combined with thinner August liquidity and a still skittish investor mindset, could have seen the beginnings of a rout. Dollar steady but precious metals still rallyThe recovery in the dollar off last week’s lows is not done yet, another sign that the rate hike idea hasn’t gone away entirely. But gold and silver are still in the midst of a recovery, which is bound to draw in more flows, like bees to a honeypot. This is likely to be bad news for bitcoin, which has once more shied away from $65,000, hurt by the more impressive strength in gold and silver.