The dollar suffered a fresh sell-off last week which added some traction to the gold.
The Fed announced the largest-ever easing package of the central bank’s history.
As we know, the FED announced extensive new measures to support the economy.
The BoE left the rate unchanged and showed readiness to expand asset purchases.
The poor US GDP and Initial Jobless Claims increased selling bias around the dollar.
Risk-off sentiment still drives the market. However, a lack of drivers limited the upside for the gold.
