Basel III to trigger ‘liquidity squeeze,’ taking gold price to $2,100 by year-end

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After an unforeseen selloff recently, gold is active constructing support. Yet the $1,800 level is proving to be a battle.

Below's a consider Kitco's leading three tales of the week:

3. The Yellen-Powell duo maintains the marketplaces on their toes as they talk down the Federal Book's hawkish June monetary policy conference.

Federal Reserve Chair Jerome Powell:

U.S. Treasury Secretary Janet Yellen:

2. Bitcoin drops below $30,000, quickly erasing all the year-to-date gains.

1. Several investors undervalue the effect of Basel III on the gold market, states Goldex CEO Sylvia Carrasco.

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