Gold surges past $4,500/oz after the US Treasury doubles buyback operations for long-dated bonds, raising concerns about dollar weakness and

Gold prices are set for a third weekly gain, rising over 3% as US Treasury buybacks lowered yields and dollar value, boosting bullion to $4,530 an ounce.

U.S. Treasury expands debt buyback program, raising dollar debasement fears. Gold at $4,600 in August now at 81.5% YES.

Gold prices soar to a near three-month high, driven by a weaker dollar and US Treasury bond buyback announcements.

Gold prices soared to a three-month high on Friday, marking its third consecutive weekly increase. This rally was driven by a softer U.S. dollar influenced by Treasury buyback…