Gold Holds Above US$4,500; Weak Dollar and Treasury Buybacks Fuel Rally
This week-long rally puts gold on track for its third consecutive weekly gain, with an increase of about 4% for…
Gold Holds Above $4,500; Profit-Taking and Inflation Risks Cap Gains
In the previous session, gold surged more than 4% after the US Treasury Department announced an increase in long-term bond…
Gold Holds Near $4,500 as US Treasury Buyback Pushes Yields Lower
The precious metal was supported by a surprise move from the US Treasury Department to expand buybacks of longer-dated government…
Gold Prices Hold Near $4,500 as US Treasury Buyback
The Treasury unexpectedly announced an increase in buybacks of long-term government debt, signaling a desire to lower borrowing costs after…
Gold Surges as US Treasury Paves the Way to $4,500
This move is viewed as an effort to provide liquidity support while easing pressure on borrowing costs, following a recent…
Gold Surges 3%; US$4,500 Within Reach
This policy immediately triggered a rally in the Treasury market, with the 10-year yield falling by more than 5 basis…