Gold slipped to around $3200 per ounce on Friday, set for a weekly loss of over 3 percent as easing US-China trade tensions reduced demand for safe-haven assets. The two countries agreed to a 90-day tariff truce, calming markets. US inflation data reinforced expectations of at least two Fed rate cuts this year, typically bullish for gold, though Fed Chair Powell warned inflation could become more volatile due to global supply shocks. On MCX, June gold futures bounced back above ₹93000 per 10 grams from Thursday's low of ₹90890. The coming week may see further gains with resistance expected around ₹94000 to ₹95000.

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