UBS: REPURCHASE BY THE TREASURY OFFERS NEW OPPORTUNITIES FOR GOLD TRADING

According to Bloomberg, Bhanu Baweja, the chief strategist of UBS, discussed the Minister of Finance, Scott Bessent, ' s plan to increase long-term debt buy-backs and their impact on the wider market, including money and gold. He said, "They want to keep the rate of return stable for the long term, which may open up new opportunities for gold trading."