Gold heads for best week since January, US jobs data in focus - Reuters
Gold heads for best week since January, US jobs data in focus - Reuters
Source: Reuters
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DW NOTE
Gold is down 19% from its January peak but posting its best week since the high. That's not bullish momentum — it's a technical bounce inside a six-month selloff. The metal rallied during the Hormuz closure and Gaza escalation, then gave it all back as crude fell 32% and yields stayed elevated at 4.63%. If today's jobs print comes in strong, watch that $4,300 floor give way.