China warns of ‘potential storm,’ is gold paying attention?

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It's one week later, and gold is trading near the exact same levels. There was a short rally higher due to China's Evergrande concerns. However the relocation stopped working to obtain energy, as well as rates are back to near $1,750 an ounce. Below's a consider Kitco's leading three tales of the week:

3. An additional financial obligation ceiling warning from Yellen: 'Allow's not dive ourselves into financial crisis'

Looming financial obligation ceiling crisis: will U.S. Treasury use the $1 trillion platinum coin choice?

2. Gold rate drops as Powell talks 'progressive' tapering, minimizes Evergrande pollution problems

1. 'Feasible tornado' in advance – China alerts neighborhood officials of prospective Evergrande collapse

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