Gold rallies after Treasury buyback plan lowers long yields, India silver imports rebound under new regime – Heraeus

(Kitco News) – Gold and silver are enjoying resurgent demand following the U.S. Treasury Department’s latest intervention in the bond market, while the appetite for the metals in Asia continues to rise, according to precious metals analysts at Heraeus.In their latest update, the analysts noted that gold prices rallied through resistance to reach their highest levels since early June last week.