Gold prices (XAU/USD) made a strong comeback as the US dollar and Treasury yields experienced selling pressure following S&P Global's release of disappointing preliminary PMI data for August.
The price of gold continued its winning streak on Thursday, benefitting from a weak US Dollar and falling Treasury yields in anticipation of the Jackson Hole Symposium.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.