Key takeaways Gold surges: XAU/USD jumped 4.35% on 19 August, its biggest one-day gain since February, lifting its August gain to 10.7%. USD debasement drives gold: Treasury bond buybacks have fuelled fiscal-dominance concerns, shifting focus from yields to US dollar purchasing-power risk. $4,405 is pivotal: Holding above $4,434/$4,405 keeps the bullish sequence intact, with a […]
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