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Gold rallies to 3-month high on weaker dollar, bullish technicals

Economic Times - Markets
Economic Times - Markets
Aug 21, 2026 Β· 8:36 PM
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Gold rallies to 3-month high on weaker dollar, bullish technicals
Gold prices soared to a three-month high on Friday, marking its third consecutive weekly increase. This rally was driven by a softer U.S. dollar influenced by Treasury buyback strategies. Analysts identify the surge as a bullish signal after a notable break above significant moving averages. Investo…
Economic Times - Markets
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