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The U.S. and China are on 'brink of war' as gold touches record highs and banking sector troubles intensify

Kitco Media
By Anna Golubova
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(Kitco News) Gold's price action was defined by major volatility this week. Gold Comex futures tested record highs as the banking sector troubles intensified. Markets also dissected Federal Reserve Chair Jerome Powell's messaging, while Friday's stronger-than-expected U.S. employment report weighed on gold.  

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

3. Comex gold prices test record highs and touch $2,085 an ounce.

2. There's a new U.S. debt ceiling deadline.

1. Ray Dalio: The U.S. and China are on 'the brink of an economic resources war'

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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