Macro Finance
Gold Stocks Cap Best August in Decades in Debasement Trade Redux
Bloomberg Markets·September 1, 2026·1 min read
Gold-miner stocks capped their best August in decades, driven by a near-vertical rally over the past month. Investors, whipsawed by conflicting messages from Washington policymakers, are increasingly drawn to the sector as a debasement trade, betting on further gains amid economic uncertainty.
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