Dollar Weakens and Gold Rallies as T-Note Yields Slide
Summary by BizToc
9 Articles
9 Articles
How Dollar Weakness is Turbocharging Precious‑Metals ETFs
Dollar weakness is boosting precious-metals ETFs like GLD, SLV, and PPLT, creating strong momentum and investor inflows. In recent weeks, the U.S. dollar has softened significantly, with the DXY index hovering near 97.4, its lowest in over a year, as it struggles to reclaim its 50‑day moving average. This sustained dollar weakness has brightened the […]
Gold surges to 5-week high as US yields slide, trade uncertainty boosts safe-haven demand
Gold price extended its rally to two consecutive days on Tuesday, rising by over 0.9% as US Treasury yields continued their decline, weakening the US Dollar as traders await fresh news regarding new trade deals from the United States.
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