Gold hits over three-month high on dollar weakness, Treasury bond buyback plans

Gold prices rose to its highest in over three months, supported by a weaker U.S. dollar and the U.S. treasury's recent buyback announcement

HONG KONG, Aug 25 : The U.S. dollar struggled to hold onto gains against major peers on Tuesday, as investors parsed Washington's expanded Iran-related sanctions and renewed efforts to ease pressure on longer-dated Treasury yields. The euro was a shade higher at $1.1668, hovering near a three-month peak hit last week,

Dollar struggles for traction as markets weigh Iran sanctions, Treasury buybacks  Reuters

The 10-year Treasury yield is back near a one-year high as investors brace for fresh inflation data and the Fed’s Jackson Hole meeting.

Two senior Treasury officials told CNBC the General Account is a potential funding source, sending 10- and 30-year yields lower on Monday

Gold hits highest in three months on softer dollar and geopolitical uncertainty  thenationalnews.com

Gold And Silver Hit Highest Prices In Months—Here’s Why  Forbes