16th April 2017

Last week, gold had its best weekly showing since June of last year, as concerns over North Korea and Syria sent prices soaring. Even Afghanistan rejoined the headlines after we learned on Thursday that the US military dropped its largest non-nuclear device ever used in combat on a network of caves and tunnels used by ISIS in the eastern part of the country. The bomb’s deployment sent a not-so-subtle message to other countries that the US could potentially tangle with. A weaker dollar also helped gold’s stronger tone last week, especially in the aftermath of softer US macro and inflation data released Friday