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Gold touches highest level since mid-May as buying momentum builds

Gold prices experienced an uptick on Tuesday, fueled by news of Treasury buybacks. The market's focus is now on significant U.S. inflation data and a forthcoming address from the Fed Chair. Analysts are eager for indications regarding interest rates and bond yields. Citi has upgraded its gold price projections, suggesting a likely easing of geopolitical tensions and a decline in real interest rates.

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Economic TimesLean R·1h ago
Gold touches highest level since mid-May as buying momentum builds
Gold prices experienced an uptick on Tuesday, fueled by news of Treasury buybacks. The market's focus is now on significant U.S. inflation data and a forthcoming address from the Fed Chair. Analysts are eager for indications regarding interest rates and bond yields. Citi has upgraded its gold price projections, suggesting a likely easing of geopolitical tensions and a decline in real interest rates.
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Gold touches highest level since mid-May as buying momentum builds

How 1 sources are covering this

Gold touches highest level since mid-May as buying momentum builds

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