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After touching $2k, why did gold price tumble $70?

Posted by David Ogden on April 25, 2022 - 4:43am

After touching $2k, why did gold price tumble $70?

After touching the $2,000 level at the beginning of the week, gold tumbled more than $70 as the U.S. dollar climbed alongside the U.S. Treasury yields. Here's a look at Kitco's top three stories of the week:

3. Gold price continues to consolidate as Fed's Powell reiterates hawkish stance

2. Is gold the next big play? Gold price heading to $2,100 - Wells Fargo

1. 'Turning point' for the U.S. dollar is near, says billionaire 'Bond King' Jeff Gundlach

 

By Anna Golubova

For Kitco News

Time to buy Gold and Silver on the dips


 

Corneliu Boghian thanks for info
April 26, 2022 at 6:36am
Otto Knotzer thanks for info
April 25, 2022 at 1:00pm
Adonel Lowings Thank you for sharing the update on gold
April 25, 2022 at 5:32am