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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
2. Yellen warns of “irreparable damage” if debt limit is not raised, extraordinary measures run out in October
1. Bitcoin price sees 10k swings as cryptocurrency becomes legal tender in El Salvador
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