Bossing the bond market around never works
Despite Scott Bessent’s efforts, investors worry something is up
We haven't written up this one. Financial Times has the full story — the link below goes straight to it.
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Gold regains momentum as weak Dollar, safe haven demand and seasonal buying support prices
Gold prices have surged sharply in August, supported by a weaker U.S. dollar, expectations of monetary easing, geopolitical tensions, and sustained central-bank purchases.
- Gold prices surged 16% in August amid weaker dollar and rising safe-haven demand
- Central banks, especially in emerging economies, increased gold reserves
- Strong Asian demand from China and India supports gold prices