Stagflationary concerns send gold to the key $1800 level
(Kitco commentary) - In this column last week, I mentioned the importance of a sharp $30 intraday reversal which took place in the gold price on the last "book squaring" trading session of Q3.
Miners Continue to Price-In June Fed Rate Hike
(Kitco News) - The minutes from the last Federal Reserve policy meeting held on May 2-3rd were released this week on Wednesday, May 24th. The GDX Major Gold Miners Index Fund had been selling off into this release since last Wednesday, towards support at $22.