The U.S. and China are on ‘brink of war’ as gold touches record highs and banking sector troubles intensify

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https://www.youtube.com/watch?v=ZG-0CsDGaI

(Kitco News) Gold’s price action was defined by major volatility this week. Gold Comex futures tested record highs as the banking sector troubles intensified. Markets also dissected Federal Reserve Chair Jerome Powell’s messaging, while Friday’s stronger-than-expected U.S. employment report weighed on gold.  

Here’s a look at Kitco’s top three stories of the week:

3. Comex gold prices test record highs and touch $2,085 an ounce.

2. There’s a new U.S. debt ceiling deadline.

1. Ray Dalio: The U.S. and China are on ‘the brink of an economic resources war’


Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.



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