Bitcoin.com

Gold Hits $4,620 as Treasury Buybacks Reignite the Dollar Debasement Trade

Gold Hits $4,620 as Treasury Buybacks Reignite the Dollar Debasement TradeWorldPing

Gold surged to its highest price in three months this week, climbing past $4,600 an ounce and brushing $4,650 in futures trading, as the U.S. Treasury’s expanded bond buybacks revived fears of a weakening dollar.

This is a short WorldPing brief. The full report was published by Bitcoin.com.

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Arthur Hayes Says Treasury Buybacks Mark “New Bitcoin Bull Run”

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Brief by WorldPing · Original reporting by Bitcoin.com