Gold Heads for Sixth Weekly Gain on Risk-Off Tone and ETF Flows

Gold traded just shy of its record high — on track for a sixth weekly gain — supported by elevated geopolitical tensions, inflows into bullion-backed exchange-traded funds, and a risk-off tone in broader markets. Bullion for immediate delivery held near $3,779 an ounce, up by about 2.5% this week after peaking on Tuesday above $3,791. European diplomats warned the Kremlin this week that NATO is ready to respond to further violations of its airspace with full force, including by shooting down Russian plane ...