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