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Gold Set for Third Weekly Gain on US Treasury Buyback Plans

Bloomberg Markets Friday 21 August 2026, 00:13 UTC By Yihui Xie 1 min read
Key Points

Gold was on track for a third weekly gain after the US Treasury’s unexpected ramp-up in buybacks of long-dated government debt underscored concerns about its burden.

Gold was on track for a third weekly gain after the US Treasury’s unexpected ramp-up in buybacks of long-dated government debt underscored concerns about its burden.
Gold Set for (ORG) US (LOCATION) the US Treasury’s (ORG)
Originally published by Bloomberg Markets Read original →

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