Macro Finance
Wolf: Currency Weakness, Intervention Lift Gold Flows
Bloomberg Markets·August 28, 2026·1 min read
Gold has risen about 14% in August, boosted by the US Treasury's unexpected intervention in the bond market. Guy Wolf, Global Head of Market Analytics at Marex, discussed the driver behind the rally with Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa, attributing the surge to currency weakness and intervention.
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