{
  "id": 2149673,
  "title": "Gold: Higher range holds but next leg delayed – TD Securities",
  "url": "https://urgent.news/2026/08/20/gold-higher-range-holds-but-next-leg-delayed-td-securities",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-20T13:45:54.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/gold-higher-range-holds-but-next-leg-delayed-td-securities-202608201345"
  },
  "original_language": "en",
  "account": "TD Securities analysts Ryan McKay and Bart Melek suggest that gold and precious metals are expected to maintain a higher trading range in the near term. Although systematic and ETF inflows have decelerated, and interest rates have risen, Treasury's support for the long end and Fed's tolerance for higher energy costs are providing a foundation for gold's near-term performance. However, any further gains may have to wait for more definitive signals from the Federal Reserve, which is currently on hold. The Treasury's decision to double the size of some long-dated debt buybacks, effective September 9 and lasting until November 4, has helped stabilize US Treasury yields, which reversed a sharp decline from the previous day.",
  "summary": "Ryan McKay and Bart Melek at TD Securities say Gold and broader precious metals are likely to remain comfortable in a higher trading range.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}