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Gold and Silver Surge as US Debt Tops $40T and Dollar Weakens

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Gold and silver surged in August driven by a softening dollar, US debt crossing $40 trillion, and declining Fed rate hike expectations.
  • Falling Treasury yields alongside steady central bank and ETF accumulation continue to accelerate the rally in safe-haven precious metals.
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XAUUSD price history

4351.00 -5.17% over the displayed period

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