Gold plunged following its worst weekly performance in four decades, as rising war risks triggered a reversal in safe-haven demand. The selloff underscores shifting market dynamics in commodities and equities.
- Gold experienced its worst weekly performance in 40 years
- China's central bank extended gold-buying streak to 15 months
- Rising war risks triggered a reversal in safe-haven demand
- CBOE Volatility Index (^VIX) reflected heightened market uncertainty
- Crude oil futures (CL=F) showed increased volatility
- Gold's selloff occurred despite sustained official demand
Sign up free to read the full analysis
Create a free account to unlock full AI-curated market articles, personalized alerts, and more.