Gold advances to three-month high on debasement trade return


Gold-backed exchange-traded funds tracked by Bloomberg added more than 28 tons last week, the most since January, when a blistering rally sent gold to a record just below US$5,600 an ounce. The inflows show an encouraging trend of broadening investor participation, said Christopher Wong, a strategist at Oversea-Chinese Banking Corp.



Source link

  • Related Posts

    Canada-U.S. trade tensions continue to escalate as Trump team defends tariffs

    President Donald Trump departs a campaign rally for Sen. Darline Graham, R-S.C., at the Myrtle Beach Convention Center in Myrtle Beach, S.C., Friday, Aug. 21, 2026. (AP Photo/Jacquelyn Martin) –…

    Why some Trump supporters aren’t sold on Darline Graham: From the Politics Desk

    Welcome to From the Politics Desk, a daily newsletter that brings you the NBC News Politics team’s latest reporting and analysis from the White House, Capitol Hill and the campaign…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    The Witcher 4 developers target a 2028 release

    The Witcher 4 developers target a 2028 release

    Canada-U.S. trade tensions continue to escalate as Trump team defends tariffs

    Canada-U.S. trade tensions continue to escalate as Trump team defends tariffs

    Premier League highlights: Fulham 2-3 Chelsea

    Premier League highlights: Fulham 2-3 Chelsea

    Is school to blame for mum's asbestos death?

    Is school to blame for mum's asbestos death?

    2 Tourists Seriously Injured By Jetblast At Skiathos’ Famous Plane-Spotting Beach

    2 Tourists Seriously Injured By Jetblast At Skiathos’ Famous Plane-Spotting Beach

    J.Lo Just Elevated Her Maxi Dress with This Ageless Shoe Trend

    J.Lo Just Elevated Her Maxi Dress with This Ageless Shoe Trend