Gold trading returns due to the depreciation of the US dollar, approaching a three-month high
2026-08-24 08:11:40
According to CoinMeta, and as reported by Bloomberg, the price of gold has approached a three-month high due to the return of trading driven by the depreciation of the US dollar. The bold intervention of the US Treasury Department in the bond market has reignited concerns about a weakening dollar, prompting investors to turn to alternative assets such as gold.
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Source:Bloomberg
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