Gold Flat But Set for Weekly Gains

Core Viewpoint - Gold prices are expected to close the week positively, supported by persistent demand and geopolitical tensions [1] Group 1: Market Dynamics - Central banks continue to purchase gold, contributing to price stability [1] - Resilient inflows into ETFs are also supporting gold prices [1] - Geopolitical tensions are identified as a significant factor maintaining support for gold prices [1] Group 2: Economic Indicators - Recent U.S. inflation data was below expectations, leading to a rally in Wall Street [1] - Economists advise caution in interpreting the inflation report due to data collection issues during the government shutdown [1]