Gold Is on Fire: Why the Yellow Metal Is Crushing 18-Year Records
The buyback plan pushed investors toward scarce assets as gold rose 14% in August and bitcoin gained more than 20% since Aug. 19.
8 Articles
8 Articles
Gold Is on Fire: Why the Yellow Metal Is Crushing 18-Year Records
Gold Surges to Historic 18-Year Milestones Gold is putting on quite a show for investors lately. Spot prices have surged by nearly 14% in August alone. That makes this the strongest monthly performance for the precious metal in eighteen years. Market participants worldwide are watching closely as bullion marches toward the $4,600 level. Why is the yellow metal moving up with such relentless power? The fundamental economic backdrop has turned hea…
The debasement trade is back as gold and bitcoin surge and the dollar slides
Alexander Manzyuk/Anadolu/Getty ImagesThe so-called debasement trade is back as investors pile into scarce assets like gold and bitcoin, and dump the dollar.Treasury's surprise bond-buyback plan has renewed focus on US debt, persistent deficits, and inflation fears.Sign up for First Trade, Business Insider's daily markets newsletter.To the novice eye, it may seem like markets are dull right now. And, to be fair, action in stocks has been tame in…
Gold Remains Over $4,600 as Treasury Buybacks Spark Dollar-Debasement Trade
NEW YORK, August 27, 2026, 13:38 (EDT) Spot gold increased by 0.4% to $4,609.97 per ounce on Thursday. December U.S. futures rose 0.2% to $4,664.40. The Treasury plans to increase long-end buyback operations to a minimum of $4 billion, at least doubling the amount. Global gold ETFs saw $3 billion in inflows in July. Gold…
Bessent's Bond Market Intervention Juices Debasement Trade, Boosts Gold
Bessent's Bond Market Intervention Juices Debasement Trade, Boosts Gold Instead of stabilizing the bond market and pushing long-term Treasury rates lower, the move appears to have juiced the debasement trade. Mike Maharrey Thu, 08/27/2026
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