Gold Tops $4,700 For First Time Since May: Hansen Sees Fresh Technical Demand Ahead Of Warsh’s Jackson Hole Debut
Hansen added that spot gold’s move back above its 200-day moving average was attracting fresh technical and momentum-driven demand. Gold futures have gained 6.7% since the U.S. Treasury announced plans to at least double its buybacks of longer-dated securities last week. Investors will look for clearer guidance on how the central bank will tackle inflation … Read more