Gold fails at $1,800, another selloff might be on its way

Gold & Silver
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(Kitco News) Even though gold stabilized after last week’s flash crash, it failed to breach the $1,800 an ounce level. Markets are keeping a very close eye on the delta variant, Afghanistan headlines, and the Federal Reserve’s tapering signals at the upcoming Jackson Hole meeting.

Here’s a look at Kitco’s top 3 stories of the week:

3. Gold price pauses near $1,800, analysts warn of another selloff

2. Palantir buys $50 million worth of gold bars in August in preparation for a ‘black swan event’

1. Afghanistan’s gold stash is out of the Taliban’s reach

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