Equities are coming off of back to back weekly losses.
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‘If gold doesn’t rally now, then I’m not sure when it ever will,” Michael Widmer, head of metals research at Bank of America, told CNBC.
Brace for more volatility with these defensive trades
Investors have fled to consumer staples in search of safety amid market volatility, but Bank of America says there are other corners worth considering.
Russia and Ukraine accuse each other of failing to pause strikes after U.S. envoy leaves Moscow
Moscow and Kyiv both agreed in principle last month to implement a limited, 30-day ceasefire, but they each allege near-immediate breaches by the other side.