1683398706 US China on brink of war as gold hits record

US, China on ‘brink of war’ as gold hits record highs and banking sector woes deepen




  • Anna Golubova



Saturday 06 May 2023 at 09:49

https://www.youtube.com/watch?v=ZG-0CsDGaI


(Kitco News) Gold’s price action has been one of great volatility this week. Gold Comex futures tested record highs as problems in the banking sector deepened. Markets also analyzed messages from Federal Reserve Chair Jerome Powell as Friday’s stronger-than-expected US jobs report weighed on gold.

Here’s a look at Kitco’s top 3 stories of the week:

3. Comex gold prices test record highs, touching $2,085 an ounce.

2. There is a new US debt ceiling.

1. Ray Dalio: The US and China are ‘on the brink of an economic resource war’







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