TODAY'S MARKET INTELLIGENCE
US Treasury Doubles Long-Duration Buybacks, Spot Gold Breaks $4,500; Bosera Gold ETF (159937) Rises Nearly 3%
English summary
The US Treasury doubled its long-dated bond buybacks, improving liquidity expectations and pushing spot gold above $4,500/oz at one point. The Bosera Gold ETF (159937) rose nearly 3% on the day. The combination of bond repurchases and safe-haven demand underpins precious metal prices in the near term.
The English text is machine translated and may require verification against the Chinese version.
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