Gold Spot / U.S. Dollar
Long

Gold prices continued to skyrocket at the end of the week

260
The price of gold experiences a significant resurgence as investors seek refuge in safe assets amidst the escalating Israel-Hamas conflict.

The US Dollar and bond yields take advantage of the latest inflation data, which has generated considerable attention.

According to Fed's Collins, if the upward trend in US yields continues, it may potentially reduce the necessity for further policy tightening.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.