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Gold Rallies to Multi-Month High as Dollar Weakens Ahead of Jackson Hole

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

News Summary

  • Gold prices surged to a three-month high as dollar weakness and U.S.
  • debt debasement concerns spurred safe-haven demand ahead of Jackson Hole and fresh inflation data.
  • Technical momentum boosted spot gold above its 200-day moving average, while silver futures declined roughly 0.8%.
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XAUUSD price history

4408.90 -4.49% over the displayed period

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