#goldreboundsnearly5% Gold
extends rally above $4,500 as dollar slips and yields ease
• Spot
gold trades near $4,530, up about 4% this week and over 11% in August. #gold
• Treasury buybacks and lower long-term yields pressure the
#USD
and support bullion.
• Fed rate uncertainty, labor data and Iran sanctions outlook shape
#markets sentiment.$XAU $AVAAI $ACE
extends rally above $4,500 as dollar slips and yields ease
• Spot
gold trades near $4,530, up about 4% this week and over 11% in August. #gold
• Treasury buybacks and lower long-term yields pressure the
#USD
and support bullion.
• Fed rate uncertainty, labor data and Iran sanctions outlook shape
#markets sentiment.$XAU $AVAAI $ACE