Basel III to take gold to record highs?

Gold & Silver
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(Kitco News) After an unexpected selloff last week, gold is busy building support. But the $1,800 level is proving to be a struggle.

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

3. The Yellen-Powell duo keeps the markets on their toes as they talk down the Federal Reserve’s hawkish June monetary policy meeting.

2. Bitcoin drops below $30,000, briefly erasing all the year-to-date gains.

1. Many investors underestimate the impact of Basel III on the gold market, says Goldex CEO Sylvia Carrasco.

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