'Possible storm' ahead - China warns local officials of potential Evergrande collapse
(Kitco News) - China warned local officials to prepare for a potential storm if the property giant Evergrande collapses, according to a report by The Wall Street Journal.
Gold price drops as Powell talks 'gradual' tapering, downplays Evergrande contagion concerns
(Kitco News) - The gold market saw its earlier gains reversed as Federal Reserve Chair Jerome Powell talked about "gradual" tapering while downplaying China's Evergrande contagion concerns on the U.S. market.
Looming debt ceiling crisis: will U.S. Treasury use the $1 trillion platinum coin option?
(Kitco News) - The U.S. will run out of money in October if the debt ceiling is not raised. But instead of relying on politicians to solve the problem, the Treasury Department has another surprising option minting a $1 trillion platinum coin.
Is gold price ready to hear what Fed's Powell has to say?
(Kitco News) - Gold is now in a much better position to receive Federal Reserve Chair Jerome Powell's announcement on Wednesday.
Gold price steps up its safe-haven game as Evergrande rattles markets
(Kitco News) - After selling off $50 last week, gold is stepping up its safe-haven play as investors look for hedges amid Evergrande volatility.
Commodities need stock market stress test Bloomberg Intelligence
(Kitco News) - In order to see which commodities can continue trading at elevated levels, the sector needs a stock market stress test, according to Bloomberg Intelligence.
Another debt ceiling warning from Yellen: 'Let's not plunge ourselves into financial crisis'
(Kitco News) - U.S. Treasury Secretary Janet Yellen once again appealed to Congress, urging U.S. lawmakers to raise the debt ceiling before the U.S. plunges into a new financial crisis.
Bears in control: Gold is in 'no man's land'
(Kitco News) - It was not a good week for gold.
'Bears are in control' of gold price: will next week's Fed announcement be a shocker?
(Kitco News) - After falling $40 this week, gold bears are in control of the market with all eyes on what could be a hawkish Federal Reserve meeting next week, according to analysts.
Gold price is in 'no man's land' after $40 drop as outlook on U.S. economy shifts
(Kitco News) - Gold dropped more than $40 in the aftermath of better-than-expected U.S. retail sales on Thursday. And analysts are now saying that prices are in "no man's land" as U.S. economic outlook shifts ahead of the Federal Reserve interest rate announcement.
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