Spot gold was highly volatile amid weak US data and tariff policies. The yellow metal posted a seventh consecutive weekly gain. Poor US retail sales data and Trump’s reciprocal tariffs impacted the market. The US Dollar Index fell over 1 percent. Gold prices are influenced by mixed economic data, political uncertainties, and proposed Ukraine peace talks.
Global markets moving past tariff fears, dollar weakness may boost EMs: Sandip Sabharwal
I think that extreme fund flow picture where just US assets were being bought, including other developed equities, like European equities, despite there being not