Kitco News talks with Jim Wyckoff about gold’s sharp climb after the Fed’s unexpected no tapering announcement. Spot gold was floating around $1,300 all day before the 2 PM announcement, which sent the yellow metal soaring upwards of $60. Jim also touches on the looming debt ceiling, which is fast approaching its mid-October deadline.
Technically SpeakingKitco’s Senior Analyst Jim Wyckoff has his charts come to life every Thursday on Technically Speaking. From key price targets to his weekly market rating for gold & silver, viewers really get a chance to understand how the technicals are impacted by the headlines. Will gold get a passing grade this week? Watch to find out!
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