Russia accuses West of stealing reserves, Bank of Canada surprise, and is Bitcoin safe haven again?

Kitco NEWS
505K subscribers

Gold is now well anchored around the $1,650 level ahead of the big Federal Reserve meeting next week. Markets have already priced in another 75-basis-point rate hike, which would be the Fed's fourth in a row. But the real focus will be on any talk of a slowdown when it comes to rate hikes. Here's a look at Kitco's top three stories of the week:

3. Bank of Canada surprises with a smaller 50 bps rate hike, gold priced in CAD jumps
https://www.kitco.com/news/2022-10-26...

2. Bitcoin's correlation with gold is rising and here's what that means - Bank of America
https://www.kitco.com/news/2022-10-25...

1. The West has 'essentially stolen' Russia's gold and foreign exchange reserves, says Kremlin
https://www.kitco.com/news/2022-10-24...
________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

For more breaking news, visit http://www.kitco.com/

Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?r...
Twitter - https://twitter.com/kitconewsnow
StockTwits - https://stocktwits.com/kitconews

Live gold price and charts: http://www.kitco.com/gold-price-today...
Live silver price and charts: http://www.kitco.com/silver-price-tod...

Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscriptio...

Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/

Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.