China warns of 'potential storm,' is gold paying attention?
New York (Sept 26) It's one week later, and gold is trading near the same levels. There was a short rally higher due to China's Evergrande fears. But the move failed to gain momentum, and prices are back to near $1,750 an ounce. Here's a look at Kitco's top three stories of the week.
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2. Gold price drops as Powell talks 'gradual' tapering, downplays Evergrande contagion concerns
1. 'Possible storm' ahead - China warns local officials of potential Evergrande collapse