Is $2k or $5k gold price still possible?



Even a big miss in the U.S. September job numbers couldn’t trigger a much-needed rally in gold. And unless the precious metal can find a way to close above $1,780 an ounce, analysts say they will remain neutral on the metal. Here’s a look at Kitco’s top three stories of the week:

3. Bitcoin breaches $55,000 as bullish momentum grows in the crypto space
https://www.kitco.com/news/2021-10-07/Bullish-momentum-takes-bitcoin-to-55k-as-George-Soros-fund-confirms-it-owns-crypto.html

2. September U.S. job growth was the slowest this year, with the economy adding only 194,000 positions versus the expected 500,000
https://www.kitco.com/news/2021-10-08/Gold-price-pushing-higher-following-another-disappointing-employment-report-194K-jobs-created-in-September.html

1. Gold price to ‘revisit its peak’ soon, says Bloomberg Intelligence https://www.kitco.com/news/2021-10-04/Gold-price-to-revisit-its-peak-soon-says-Bloomberg-Intelligence.html
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Gold price headed to $5,500 in the long term as central banks won’t be able to exit unorthodox monetary policies – Jefferies
https://www.kitco.com/news/2021-10-05/Gold-price-headed-to-5-500-in-the-long-term-as-central-banks-won-t-be-able-to-exit-unorthodox-monetary-policies.html
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