Gold price surges on US Treasury buyback and dollar weakness
Gold rose 5.2% in a week to $4,662, driven by a US Treasury buyback plan and a falling dollar. A new parabolic long trend has begun, but analysts warn the speed may be unsustainable.
Gold Market
Gold rose 5.2% in a week to $4,662, driven by a US Treasury buyback plan and a falling dollar. A new parabolic long trend has begun, but analysts warn the speed may be unsustainable.
Bitcoin dropped from a January high of $95,000 to below $60,000 by the end of June. On Friday it rose above $77,000, capping a strong week alongside gold.