Gold $5,000 Comes Into View as Dollar and Yields Break Down on Treasury Buybacks

TL;DR: Gold surged 3.7% to $4,495 after a Treasury buyback shock sent long-end yields and the Dollar tumbling — a real-yield move that survived hawkish FOMC minutes and now puts a break above $4,600 within reach of $5,000.

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Source: Action Forex

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Category Forex

Source Action Forex

Published 1 month ago

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News ID #8,374

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