Gold’s Breakout Signals a New Fight Over U.S. Interest Rates
Gold’s move above $4,500 is more than another milestone for the precious-metals market. It reflects a growing tension between monetary policy, Treasury debt management and investor expectations about the future of U.S. rates. The metal gained roughly 4% in a single session, while the dollar weakened and long-term Treasury yields moved lower. At the same time, short-term yields rose, creating…
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