The Story
News Summary
- The US Treasury doubled its long-dated bond buyback program to $4 billion to suppress rising yields.
- This de facto quantitative easing triggered a steep drop in the US Dollar while fueling a sharp surge in gold and hard commodities.
Explore XAUUSD price history & advisor snapshot
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Stored market data
XAUUSD price history
4408.90
-4.49% over the displayed period
Advisor Snapshot
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