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Markets in chaos: What's next after gold's 6 months of losses?

Kitco Media
By Anna Golubova
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Kitco News
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With September now behind us, gold has posted six months of consecutive losses. The last time something like that happened was in 2018, which marked the end of a bear market for gold. Could we see the end of a major selloff here?

There were critical price gains this week that could signal a significant turnaround for the precious metal. Key developments helping gold prices are the contagion risk from the volatility in the UK markets and escalating geopolitical tensions.

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

3. UK's market chaos, contagion risk: what it all means for gold price

2. 'The worst is yet to come': Euro area and UK are in recession, US is 'flirting' with one - Credit Suisse

1. Billionaire investor John Paulson: gold price to rise when Fed fails to get inflation back to 2%, economy slows

Kitco Media

Anna Golubova

Anna Golubova is the Producer for Kitco News. With more than ten years of experience in media, she has covered a range of topics, focusing on economy and politics. Anna began to exclusively cover economic news in 2013, attending media lockups at the Bank of Canada and Statistics Canada to report on a range of key macro economic events, including interest rate announcements, GDP, unemployment, and retail. She holds a Master of Arts in International Relations from NPSIA, Carleton and a Bachelor's degree in Political Science and History from the University of Ottawa.

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