Finance
GOLD HITS 3-MONTH HIGH ABOVE $4,677/OZ ON WEAKER DOLLAR, FED POLICY CUES
BullishFinance
Gold prices surged to a more than three-month high, with spot gold rising 1.6% to $4,677.14 per ounce, its highest since May 14. The rally was fueled by a weaker U.S. dollar following the Treasury's buyback announcement and anticipation of inflation data. Gold-backed ETFs also saw their largest weekly inflows in 10 months, attracting 46.7 metric tons valued at $6.4 billion.
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