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Gold Hits $4,620 as Treasury Buybacks Reignite the Dollar Debasement Trade

Josh1 min read

Gold price action in relation to the Dollar.Gold surged to its highest price in three months this week, climbing past $4,600 an ounce and brushing $4,650 in futures trading, as the U.S. Treasury’s expanded bond buybacks revived fears of a weakening dollar. Gold’s Breakout Above $4,600 Bloomberg analysts noted that gold climbed to a three-month high above $4,620 an ounce as Treasury […]

Source: https://news.bitcoin.com/featured/gold-hits-4620-as-treasury-buybacks-reignite-the-dollar-debasement-trade/

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