Gold climbed Tuesday to $4,696.18 per ounce, its highest level since May 14, driven by a weaker dollar and falling Treasury yields. Bitcoin crossed above $80,000 for the first time since mid-May, reaching $81,237. Gold-backed exchange-traded funds recorded $3 billion in net inflows in July, reversing two consecutive months of outflows. The precious metal rose 3% after the U.S. Treasury Department expanded its bond buyback program.
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