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Gold Surges Toward $4,500 as Treasury Buybacks and Weak Dollar Fuel Rally

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

News Summary

  • Spot gold rebounded near two-month highs around $4,500 per ounce, driven by US Treasury bond buybacks, declining yields, a softer dollar, and deepening US fiscal debt concerns, outpacing recent Wall Street target cuts.
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4341.30 -8.91% over the displayed period

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