Gold approaches $4,500 as the U.S. Treasury's repurchases reduce yields
2026-08-20 07:45:09
According to CoinMeta, and as reported by Bloomberg, the price of gold is approaching $4,500 due to the Treasury Department's repurchase actions, which have led to a decline in yields. Gold has recorded its largest increase in the past six months, following unexpected measures taken by the Treasury Department to control long-term borrowing costs.
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Source:Bloomberg
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