27th May 2017

 Gold finished the week on a very strong note, with prices closing at a four-week high. A weaker dollar, coupled with the growing political uncertainty that now awaits President Trump as he returns from his overseas trip, have both continued to provide a measure of support for gold. The precious metal has also been able to hold its own fairly well despite a resilient US stock market, with most major indices now at (or close) to record highs. Neither did a revised Q1 US GDP number (changed to 1.2% versus the first estimate of .7%) harm gold much either on Friday; investors are instead taking some solace from the recent Fed minutes showing a relatively cautious approach when it comes to future rate increases.