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.
Justice Department drops criminal probe of Fed chair Powell, likely clearing way for Warsh
The Justice Department has concluded its investigation into Federal Reserve chair Jerome Powell. This decision removes a significant obstacle to the confirmation of Kevin Warsh,