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Gold’s rise in central bank reserves appears unstoppable
Worries over inflation, deteriorating U.S. fiscal health, Federal Reserve independence, and geopolitical instability are raising questions about the stability of long-term Treasuries, traditionally the world’s safest asset. In response, many central banks are turning back to that “barbarous relic,” gold. The fortunes of gold and government bonds have diverged sharply this year, a split highlighted this week as the price of bullion struck a new high and many long-dated bond yields hit levels not seen in years or, in some cases, ever. U.S. Treasuries haven’t sold off nearly as sharply as European or Japanese ... (full story)
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From beemarkets.com | Sep 4, 2025
Gold could rally to almost US$5,000 (RM21,157) an ounce if the Federal Reserves credibility were damaged and investors shifted just a small portion of holdings from Treasuries into bullion, Goldman Sachs Group Inc said. A scenario where Fed independence is damaged would likely lead to higher inflation, lower stock and long-dated bond prices, and an ...
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