Markets

Gold and silver surge in August as mounting US debt rattles markets - Euronews.com

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DW NOTE

Gold at $4,547 is down 14.5% from January's peak — the opposite of an August surge. When treasury yields climb 100 basis points and the VIX drops 18% in a month, metal rallies reverse, they don't begin. The headline writer watched gold rise 13% off recent lows and called it a debt crisis while ignoring the $750/oz selloff that came before it.

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