US Treasury Intervention Fuels Gold Rally Amid Dollar Concerns

Gold prices held near a three-month high on Monday after surging more than 5% last week, driven by concerns over the US dollar and the country's fiscal position.

The US Treasury's efforts to contain longer-term borrowing costs have revived worries about the dollar and led investors to favor hard assets such as gold.

Gold-backed ETFs recorded their largest single-day inflow since September 2025, with investors increasing exposure to bullion amid growing debt concerns.