Home Federal Reserve Simultaneous rate hikes to trigger ‘string of financial crises’ – Source –...

Simultaneous rate hikes to trigger ‘string of financial crises’ – Source – Kitco News

After a failed attempt to rise back to $1,700 an ounce, gold is trading at the lowest levels since April 2020. And analysts say the worst is not over as there is a major risk that gold can drop below $1,600 an ounce. Here’s a look at Kitco’s top three stories of the week: