Make Kitco Your Homepage

Is the U.S. dollar doomed?

Kitco News

(Kitco News) The inflation debate is back in the headlines, but gold is trading down nearly 1% on Friday. Analysts are keeping a close eye on the U.S. dollar and the bond market for clues as to where gold might head next. 

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

3. Hot inflation and better-than-expected retail numbers

2. Federal Reserve Chair Jerome Powell testifies before Congress

1. Firmer USD weighs on gold, but the dollar is 'doomed' long-term, says DoubleLine Capital CEO Jeffrey Gundlach.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.