Dollar Crushed, Gold Eyes $4,500+ — August 20 Preview
Treasury buybacks double and the dollar slides, putting gold's weekly 3.7% surge in focus as metals bulls head into Wednesday's session.
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Treasury buybacks double and the dollar slides, putting gold's weekly 3.7% surge in focus as metals bulls head into Wednesday's session.
With yields surging, the dollar soft at 99.64, and Goldman warning the Fed may be forced to hike, gold's next move hinges on bond market turbulence.
With the yield curve screaming caution and the dollar slipping, gold's grip above $4,400 could be tested as geopolitical tensions escalate Monday.
Tools
Quick bullion calculators for junk silver, coin premiums, ratio tracking, and unit conversions.
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