EconPulse Markets. Economy. Malaysia & The World. Sat, 22 Aug 2026
Markets

Why an announcement from the Treasury sparked a rally in gold and bitcoin this week

Why an announcement from the Treasury sparked a rally in gold and bitcoin this week
Image: MarketWatch

Summary

Cryptocurrencies and precious metals shot higher, while the U.S. dollar weakened, after the Treasury Department said it planned to double its bond buybacks.

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