Sunday, March 26, 2023

FOMO in gold: price explodes, analysts watch test of record highs - Kitco NEWS

(Kitco News) Gold investors may be experiencing FOMO — fear of missing out — as prices approach and test the $2,000 an ounce level. After seeing its best gains in three years last week, gold is sticking to these higher trading levels. And experts are looking at a run to record highs.

Here is a look at Kitco's top three stories of the week:

3. Gold price jumps as Fed's Powell explains latest change in Fed speak

2. Russia reveals its gold stash after it adds 1 million ounces

1. 'Wall Street's favorite trade': Gold price at $2k on banking turmoil fears, hopes of Fed pause

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