Gold was gently levitating once again overnight but in the last few hours both gold and silver have taken off (with the latter breaking through pre-Putin levels) and the former breaking above $1385. Gold is now up 6 weeks in a row - the longest win streak since the run into the Aug 2011 highs. Equity prices are tumbling from solidly green levels overnight - tracking EURJPY all the way lower - and Treasury bonds are well bid (-3bps today) with 10Y yields down 17bps on the week.
Gold and silver well above Putin levels now...
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With gold up 6 weeks in a row...
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and stocks are sold along with EURJPY...
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And Treasury yields are tumbling (as rate-locks are unwound and safe-haven bids resume)
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Charts: Bloomberg