Markets in chaos: What’s next after gold’s 6 months of losses?


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 end of a major selloff here?

There were critical price gains this week that could signal a significant 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

2. ‘The worst is yet to come’: Euro area and UK are in recession, US is ‘flirting’ with one – Credit Suisse

1. Billionaire investor John Paulson: gold price to rise when Fed fails to get inflation back to 2%, economy slows

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.



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