By Jeremy Boulton — Jun 06 - 05:05 AM
• Cash saw its biggest weekly inflow since January, worth almost $95 billion
• Cash set this year for its third largest inflow according to BOFA
• According to BoFA note, cash has seen inflows of $972 billion year-to-date
• Gold has seen inflows of $75 billion YTD
• At April's record peak gold had gained 32.8% from Jan's low - almost $900oz
• In 2025 the dollar has suffered largely due EUR, JPY and CHF gains
• Gold is at the heart of the dollar's problems
• Uncovering the shared roots of gold's rise and dollar's fall
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gold and dollar index
(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters