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Gold steadies near two-month high as Fed risk caps Treasury-fuelled rally

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Gold held close to a two-month high on Thursday after the US Treasury’s surprise move to expand purchases of longer-dated debt knocked bond yields and the dollar lower, giving bullion its strongest macro tailwind in weeks. Spot gold traded…

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Gold steadies near two-month high as Fed risk caps Treasury-fuelled rally
Invezz 2h ago

Gold steadies near two-month high as Fed risk caps Treasury-fuelled rally

Gold held close to a two-month high on Thursday after the US Treasury’s surprise move to expand purchases of longer-dated debt knocked bond yields and the dollar lower, giving bullion its strongest macro tailwind in weeks. Spot gold traded…