"Gold Hits Record Highs Amid Economic Uncertainty and NFP Anticipation"

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Source: DailyFX
"Gold Hits Record Highs Amid Economic Uncertainty and NFP Anticipation"
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TL;DR Summary

Volatility spiked across various assets last week, with U.S. Treasury yields dropping and stocks rallying. The Dow Jones 30 reached close to its all-time high, while the Nasdaq 100 failed to break resistance. Precious metals also saw a strong rally, with gold coming close to its record high. In the foreign exchange market, USD/JPY experienced significant losses, while EUR/USD remained flat due to lower-than-expected Eurozone inflation. Looking ahead, U.S. interest rate expectations and upcoming economic data, including the non-farm payrolls (NFP), will be key drivers for market volatility.

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