Gold futures extend monthly gains on global debt concerns. - CME Group
Source: CME Group
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DW NOTE
Gold is up 15.30% this month while the 10-year Treasury yields 4.69% and the US deficit is running $1.4 trillion through June — 3% above last year's pace. When sovereign bonds pay half what governments borrow, the metal isn't hedging risk, it's pricing the endgame.
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The United States has imposed sanctions on a Turkish investment bank and two subsidiaries, accusing them of helping Iran move oil revenue and providing access to the international financial system as Washington intensifies its campaign to squeeze Tehran. The US Treasury Department on September 4 des
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