Gold rallies after Treasury buyback plan lowers long yields, India silver imports rebound under new regime – Heraeus - KITCO
Gold rallies after Treasury buyback plan lowers long yields, India silver imports rebound under new regime – Heraeus - KITCO
Source: KITCO
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DW NOTE
The US Treasury announces it will buy back its own long-dated bonds to suppress yields, and gold rallies. That's the market pricing in a credibility gap — when a government intervenes to lower the cost of its own borrowing, it signals fiscal stress, not fiscal discipline. India's silver imports rebounding under a "new regime" likely means New Delhi eased import duties or restrictions to cool domestic prices after silver hit record highs in rupee terms. The real move is gold up 15.30% in a month while oil sits 24.8% below its one-year high despite Hormuz remaining shut for 132 days — that's a monetary crisis bid, not a supply shock bid.