Wall Street bereft of bears after gold smashes $4,600/oz, Main Street bolsters bullish majority with Warsh, PCE in focus

Wall Street bereft of bears after gold smashes $4,600/oz, Main Street bolsters bullish majority with Warsh, PCE in focus — Live Feedhttps://www.live-feeds.com/feed/wall-street-bereft-of-bears-after-gold-smashes-4-600-oz-main-street-bolsters-bullish-majority-with-warsh-pce-in-focusContinuously updated, source-cited coverage. Gold Surpasses $4,600 Per Ounce Amid Debt Fears and Dollar Declinehttps://www.live-feeds.com/feed/wall-street-bereft-of-bears-after-gold-smashes-4-600-oz-main-street-bolsters-bullish-majority-with-warsh-pce-in-focushttps://www.live-feeds.com/feed/wall-street-bereft-of-bears-after-gold-smashes-4-600-oz-main-street-bolsters-bullish-majority-with-warsh-pce-in-focus#u47307Mon, 24 Aug 2026 08:05:36 +0000Gold prices have climbed above $4,600 per ounce, reaching a three-month high. This rally is driven by a weakening US dollar, concerns over government debt, and stress in the bond market. The asset is currently on track for its best month since 1999 and its third consecutive weekly gain. Investors are reacting to US Treasury buyback plans and bullish technical indicators, while market attention shifts toward upcoming PCE data and Kevin Warsh.Why it mattersGold often serves as a hedge against currency devaluation and fiscal instability. The current surge reflects broader anxiety regarding US deb