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

In this video, we discuss recent price action, the historic volatility in September and October, and economic weakness from Germany to China.

Gold, Ingots, Treasure, Bullion, Gold Bars, Wealth

Image Source: Pixabay

Gold 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: 00:13:25


More By This Author:

Gold Above $2500: Gold Wrap Up For Friday, Aug 16
GDP Gives False Optimism
Just Below All-Time Highs: Friday, July 19

Disclosure:

GoldBroker.com, all rights reserved.

STOCKS IN THIS ARTICLE

Comments