Gold: Strong week ahead – Deutsche Bank
Deutsche Bank's Early Morning Reid Macro Strategy report highlights a significant rise in Gold prices, which have surged by +8.52%, nearing the $5,000 level. The report notes that geopolitical concerns have contributed to this upward momentum.

Deutsche Bank's Early Morning Reid Macro Strategy report highlights a significant rise in Gold prices, which have surged by +8.52%, nearing the $5,000 level. The report notes that geopolitical concerns have contributed to this upward momentum. The Dollar, conversely, has experienced its worst week in eight months, falling against all its peers.

Gold prices surge amid geopolitical concerns

"Gold (+8.52%) was within two-tenths of a percent of its best week since 2008, marginally behind one week in 2020. It's up another +1.7% this morning and has flown past $5000 for the first time."

"However the Dollar has just had its worst week for 8 months, falling against all its peers, and has continued to weaken this morning."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)

More than a million users rely on FXStreet for real-time market data, charting tools, expert insights, and forex news. Its comprehensive economic calendar and educational webinars help traders stay informed and make calculated decisions. FXStreet is supported by a team of about 60 professionals, split between the Barcelona headquarters and various global regions.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
XAUUSD
1 D change
+0%
0
XAGUSD
1 D change
+0%
0
XPTUSD
1 D change
+0%
0

ALL ABOUT GOLD

Explore More Tools
Trading Academy
Browse a wide range of educational articles covering trading strategies, market insights, and financial fundamentals, all in one place.
Learn More
Courses
Explore structured trading courses designed to support your growth at every stage of your trading journey.
Learn More
Webinar
Join live and on-demand webinars to gain real-time market insights and trading strategies from industry experts.
Learn More