Gold price surge continues: $4,372, central bank buying, ETF inflows, Asian demand shift

Gold hit $4,372 on weak payrolls, 8% weekly gain. Central bank buying rebounded 62% YoY, GLD inflows surged $896M, and a structural shift in Asian demand (Hong Kong clearing system) is underway. Technicals show double-bottom breakout above $4,200. A new macro article draws parallels to 1973 oil shock, reinforcing the bullish thesis.