Spot gold rises to a 14-week high near $2,630 per troy ounce...

Spot gold rises to a 14-week high near $2,630 per troy ounce as investors move into safe-haven assets. The rally is driven by concerns over the U.S. national debt crossing $40 trillion, a weaker dollar, tariff tensions between the U.S. and Canada, and rising Middle East security risks. Lower real yields reduce the cost of holding non-yielding gold, while central banks in Asia and the Middle East continue adding bullion reserves to diversify away from major fiat currencies and sanction-related risks

Sunday, 23 August, 2026