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Here's why gold is 'the most confusing' commodity right now

Posted by David Ogden on May 09, 2022 - 4:42am

Here's why gold is 'the most confusing' commodity right now

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

2. Bitcoin price plummets, gold gives up gains and stocks plunge in post-Fed trading

1. Gold is 'the most confusing' of all commodities right now, here's why

 

By Anna Golubova

For Kitco News

Time to buy Gold and Silver on the dips