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Gold is fighting for its spot above the $1,800 an ounce level. But analysts are not ruling out a selloff towards $1,730 as risk appetite and a stronger U.S. dollar weigh on gold.
Here’s a look at Kitco’s top 3 stories of the week:
3. Elon Musk on owning bitcoin, ethereum and doge: ‘I might pump, but I don’t dump’ https://www.kitco.com/news/2021-07-21/Elon-Musk-on-owning-bitcoin-ethereum-and-doge-I-might-pump-but-I-don-t-dump.html
2. This shows ‘how easy’ it is to manipulate the gold market – trader’s chat logs https://www.kitco.com/news/2021-07-22/This-shows-how-easy-it-is-to-manipulate-the-gold-market-trader-s-chat-logs.html
1. ‘We’re in untested waters’ with inflation and the real winners are hard assets like gold – former JPMorgan MD https://www.kitco.com/news/2021-07-20/-We-re-in-untested-waters-with-inflation-and-the-real-winners-are-hard-assets-like-gold-former-JPMorgan-MD.html
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