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Gold was down $50 at one factor today as it reversed recently's gains and also fell below the vital psychological degree of $1,800 an ounce. A more powerful united state buck and also greater U.S. Treasury yields were the major drivers pushing the rare-earth element down. Right here's a take a look at Kitco's top three stories of the week..
3. Gold cost is 'vulnerable' after $35 decline, recently's rally slows – analysts.
2. Yellen alerts of "irreversible damage" if debt limitation is not elevated, remarkable actions go out in October.
1. Bitcoin price sees 10k swings as cryptocurrency ends up being lawful tender in El Salvador.
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Gold price is 'vulnerable' after $50 drop
Gold was down $50 at one point this week as it reversed last week's gains and fell below the key psychological level of $1,800 an ounce. A stronger U.S. dollar and higher U.S. Treasury yields were the main drivers pushing the precious metal down. Here's a look at Kitco's top three stories of the week.
3. Gold price is 'vulnerable' after $35 drop, last week's rally loses steam - analysts
https://www.kitco.com/news/2021-09-07/Gold-price-is-vulnerable-after-35-drop-last-week-s-rally-loses-steam-analysts.html
2. Yellen warns of "irreparable damage" if debt limit is not raised, extraordinary measures run out in October
https://www.kitco.com/news/2021-09-08/Yellen-warns-of-irreparable-damage-if-debt-limit-is-not-raised-extraordinary-measures-run-out-in-October.html
1. Bitcoin price sees 10k swings as cryptocurrency becomes legal tender in El Salvador
https://www.kitco.com/news/2021-09-07/Bitcoin-price-sees-10k-swings-as-cryptocurrency-becomes-legal-tender-in-El-Salvador.html
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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