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Bloomberg

Gold Holds Near $4,500 as US Treasury Buyback Sends Yields Lower

Wednesday, August 19, 2026


Gold prices remained near $4,500 per ounce following a U.S. Treasury Department decision to conduct a debt buyback operation. The buyback contributed to lower Treasury yields across longer-term maturities. Treasury officials announced the operation as part of debt management strategy, according to Treasury Department statements.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-19/gold-holds-near-4-500-as-us-treasury-buyback-sends-yields-lower

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