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.
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.