Gold shed virtually $100 in just 1 day this week, with the rare-earth element going down 5% on Thursday. The trigger was the Federal Get's rates of interest announcement.
A surprisingly hawkish position brought about some chaotic trading as well as gold went down below the $1,800 an ounce.
Right here is a take a look at Kitco's leading 3 tales of the week:
3. Federal Reserve signals it can raise prices two times in 2023.
2. Why is gold down $100 after Fed shakes up markets?
1. 'Huge Brief' investor Michael Burry warns of 'best speculative bubble of perpetuity'
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