The latest comments from the Federal Reserve triggered a massive selloff across all risk assets. But why is gold still below the $1,900 level? Here’s a look at Kitco’s top three stories of the week:
3. Gold and bitcoin jump as Fed’s Powell takes 75bps hike off the table in June
https://www.kitco.com/news/2022-05-04/Gold-price-bitcoin-price-jump-as-Fed-s-Powell-takes-75bps-hike-off-the-table-in-June.html
2. Bitcoin price plummets, gold gives up gains and stocks plunge in post-Fed trading
https://www.kitco.com/news/2022-05-05/Gold-price-gives-up-gains-bitcoin-price-plummets-and-stocks-plunge-in-post-Fed-trading.html
1. Gold is ‘the most confusing’ of all commodities right now, here’s why
https://www.kitco.com/news/2022-05-02/Gold-price-sheds-50-gold-is-the-most-confusing-of-all-the-commodities-right-now-here-s-why.html
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