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Gold touches highest level since mid-May as buying momentum builds
Gold prices experienced an uptick on Tuesday, fueled by news of Treasury buybacks. The market's focus is now on significant U.S. inflation data and a forthcoming address from the Fed Chair. Analysts are eager for indications regarding interest rates and bond yields. Citi has upgraded its gold price projections, suggesting a likely easing of geopolitical tensions and a decline in real interest rates.
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economictimes.indiatimes.com
Gold prices rise for 3rd straight week, hit 3-month high. Can bullion reclaim $5,500 peak?
Gold rose 5% this week to nearly $4,603, marking its third consecutive weekly gain, supported by a weaker US dollar, Treasury bond buybacks and expectations of stable Fed rates.…
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forbes.com
Gold’s Rally Pushes Price To Highest Level In 3 Months
The price of gold rose to above $4,700 early Monday, lifting the metal to its highest price in about 15 weeks after a mostly stagnant summer.
