After touching $2k, why did gold price tumble $70?

After touching the $2,000 level at the beginning of the week, gold tumbled more than $70 as the U.S. dollar climbed alongside the U.S. Treasury yields. Here's a look at Kitco's top three stories of the week:

3. Gold price continues to consolidate as Fed's Powell reiterates hawkish stance

2. Is gold the next big play? Gold price heading to $2,100 – Wells Fargo

1. 'Turning point' for the U.S. dollar is near, says billionaire 'Bond King' Jeff Gundlach

 

By Anna Golubova

For Kitco News

Time to buy Gold and Silver on the dips

 

Tim Moseley