China Retail Sales (YoY) came in at 0.9% below forecasts (1.2%) in December

Gold spikes to a fresh all-time peak, around the $4,700 neighborhood, at the start of a new week as US President Donald Trump reignites a trade war over Greenland, boosting demand for safe-haven assets. Moreover, a US Dollar pullback from its highest level since December 9 turns out to be another factor benefiting the bullion. However, growing on-hold Fed bets could act as a headwind for the non-yielding yellow metal.

Source: https://www.fxstreet.com/news/china-retail-sales-yoy-came-in-at-09-below-forecasts-12-in-december-202601190200