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Gold Hits Fresh Records Above $4,600, Then Pulls Back as Dollar Firms
Yahoo Finance· 2026-01-16 22:10
Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data, and headlines that had the most impact on gold prices and other key correlated assets—and may continue to in the future. Here’s what you need to know: Gold briefly pushed to new all-time highs this week, repeatedly reclaiming $4,600/oz and printing a new record near midweek. Even with a softer core CPI print and stronger retail sales, risk- ...