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After the worst June since 2013, is gold price ready to rebound?

Posted by David Ogden on July 04, 2021 - 3:36am

After the worst June since 2013, is gold price ready to rebound?

After dropping more than 7% in June, gold is trying to rebound. Can the precious metal see $1,800 an ounce breached next week as higher inflation continues to worry industry experts? Here's a look at Kitco's top three stories of the week:
 

!. Gold saw its worst June since 2013
 

2. Is recession next? El-Erian is concerned the 'Fed is falling behind' on inflation story

 

3. Higher inflation for the next 5 years: 'be overweight stocks, gold, and commodities,' says WisdomTree's research head
 

By Anna Golubova

For Kitco News
 

Contact agolubova@kitco.com

www.kitco.com
 

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Bill Rippel Thanks for posting this .. not so good news on gold. Hopeflly it will rebound.
July 4, 2021 at 12:45pm
Corneliu Boghian Thank You for post
July 4, 2021 at 5:17am