Gold has recovered nine percent, signaling renewed investor and central bank interest. The precious metal is now positioned for further gains after market shocks. Lower oil prices and softer inflation data support gold’s upward trajectory. Institutional demand and rebuilding of positions are likely driving this trend. However, stalled peace efforts and weak demand could limit future price increases.
Volatile yen draws intervention watch, other currencies subdued
In response to last week’s notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are conducting rate checks, hinting