A September Sell-Off?: Gold Wrap For Friday, Aug 30


Image Source: PixabayGold closed the week at $2,502 (down $10 since last week) and silver at $28.83 (down about $1). This episode we discuss recent price action, the historic volatility in September and October, and economic weakness from Germany to China.OTHER TOPICS DISCUSSED

  • US Consumer confidence reaches 6-month high at 103.3
  • Q2 GDP numbers revised upward to 3%
  • US jobless claims about at expectations at 231,000
  • German business climate index drops to lowest level since summer 2020
  • Chinese retailer Temu’s parent company suffers $50b+ market cap wipeout
  • Key headlines to look out for in week ahead
  • Video Length: 00:13:25More By This Author:Gold Above $2500: Gold Wrap Up For Friday, Aug 16
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