Gold Surges as Treasury Buyback Plan Sends US Yields Lower

Bloomberg Markets•Tue, Aug 18, 2026, 11:42 PM•2 min read

Gold rallied to the highest since early June, as US government long-dated bond yields fell after the Treasury announced that it’s ramping up buybacks.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-18/gold-holds-losses-as-bond-selloff-hormuz-limbo-weigh-on-outlook)

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