Summary: Gold prices rose as investors sought a safe-haven asset due to mounting concerns over the US government’s growing debt and lukewarm demand for 20-year Treasury bonds. Markets are pricing in at least 50 basis points of rate cuts this year, with the first expected in October.

Link: https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-rises-investors-grow-cautious-amid-us-debt-fears