Gold just had its best week in 7 months. Here’s why Mike Khouw is buying more
--------------------------------------------------------------------
Source: CNBC
Published: 2026-08-11 02:09 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Labour & Workers, Commodities
--------------------------------------------------------------------
Snippet:
Gold jumped roughly 7% last week, logging its best weekly gain since January, driven by a weaker U.S. dollar, falling Treasury yields, and an unexpected contraction in employment data that reduced fears of aggressive Federal Reserve rate hikes.
--------------------------------------------------------------------