[gtranslate]

‘The worst is yet to come’: UK’s market chaos, contagion risk and what it means for gold price



With September now behind us, gold has posted six months of consecutive losses. The last time something like that happened was in 2018, which marked the end of a bear market for gold. Could we see the same trend now?

There were critical price gains this week that could signal a turnaround for the precious metal. Key developments helping gold prices are the contagion risk from the volatility in the UK markets and escalating geopolitical tensions.

Here’s a look at Kitco’s top three stories of the week:

3. UK’s market chaos, contagion risk: what it all means for gold price
https://www.kitco.com/news/2022-09-29/UK-s-market-chaos-contagion-risk-what-it-all-means-for-gold-price.html

2. ‘The worst is yet to come’: Euro area and UK are in recession, US is ‘flirting’ with one – Credit Suisse
https://www.kitco.com/news/2022-09-29/-The-worst-is-yet-to-come-Euro-area-and-UK-are-in-recession-U-S-is-flirting-with-one-Credit-Suisse.html

1. Billionaire investor John Paulson: gold price to rise when Fed fails to get inflation back to 2%, economy slows
https://www.kitco.com/news/2022-09-27/Billionaire-investor-John-Paulson-gold-price-to-rise-when-Fed-fails-to-get-inflation-back-to-2-economy-slows.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.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

For more breaking news, visit http://www.kitco.com/

Follow us on social media:
Facebook – https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter – https://twitter.com/kitconewsnow
StockTwits – https://stocktwits.com/kitconews

Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/

Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html

Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/

Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.

source