- Falling long-end Treasury yields drove the market rebound.
- Treasury buybacks lower yields, boosting metal prices, affecting companies like ABX and Agnico Eagle, and involving Scott Bessent.
- The U.S. Treasury announced a buyback program for long-dated Treasuries and signaled support for the gold market.
- The U.S. Treasury announced a buyback program for long-dated Treasuries and signaled support for the gold market.
Iran is using gold to bypass SWIFT limitations amid new US sanctions, prompting Treasury Secretary Bessent to address gold's role.
1 report, 1 independent
Updated Aug 25
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What happened
Iran is using gold to bypass SWIFT limitations amid new US sanctions, prompting Treasury Secretary Bessent to address gold's role.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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SWIFT
Belgian payments services society
Nothing else this week.
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Scott Bessent
United States Secretary of the Treasury
Related events
- The US is publicly pressuring Iran regarding its nuclear program, seeking a deal that requires Iran to turn over enriched uranium.
- US Treasury Secretary unveils further sanctions and refuses to comply with unilateral sanctions.
- U.S. Treasury Secretary Bessent applies economic pressure on Iran, while the IRGC responds to armed uprisings in Sistan.
- The US has tightened sanctions specifically targeting Iranian international air links.
- Scott Bessent announced unprecedented sanctions against Iran, targeting conduits that fund Islamic Revolutionary Guard Corps entities.