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Gold Surges to Three-Month High on Treasury Fears and Heavy ETF Inflows

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

News Summary

  • Gold climbed to a three-month high driven by fiscal concerns, U.S.
  • Treasury buybacks, and surging ETF inflows.
  • Bullion broke above its 200-day moving average, signaling strong upside momentum, while silver slightly retreated.
  • Traders now eye upcoming PCE inflation data and Fed commentary.
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XAUUSD price history

4327.60 -5.68% over the displayed period

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