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Despite the fact that gold maintained after recently's flash crash, it fell short to breach the $1,800 an ounce level. Markets are maintaining a very close eye on the delta version, Afghanistan headlines, and also the Federal Get's tapering signals at the upcoming Jackson Hole conference.
Right here's a look at Kitco's top 3 stories of the week:
3. Gold rate stops briefly near $1,800, experts advise of another selloff
2. Palantir acquires $50 million worth of gold bars in August in preparation for a 'black swan occasion'
1. Afghanistan's gold stash is out of the Taliban's reach
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Gold fails at $1,800, another selloff might be on its way
Even though gold stabilized after last week's flash crash, it failed to breach the $1,800 an ounce level. Markets are keeping a very close eye on the delta variant, Afghanistan headlines, and the Federal Reserve's tapering signals at the upcoming Jackson Hole meeting.
Here's a look at Kitco's top 3 stories of the week:
3. Gold price pauses near $1,800, analysts warn of another selloff https://www.kitco.com/news/2021-08-16/Gold-price-pauses-as-it-nears-1-800-analysts-warn-of-another-selloff.html
2. Palantir buys $50 million worth of gold bars in August in preparation for a 'black swan event' https://www.kitco.com/news/2021-08-18/Palantir-buys-50-million-worth-of-gold-bars-in-August-in-preparation-for-a-black-swan-event.html
1. Afghanistan's gold stash is out of the Taliban's reach https://www.kitco.com/news/2021-08-18/Afghanistan-s-gold-stash-is-out-of-the-Taliban-s-reach.html
__________________________________________________________________
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