Gold has extended its recovery, marking its first monthly gain since February, supported by easing geopolitical tensions in the Middle East and a sharp decline in oil prices, FX Street reported.
The commodity's rebound reflects a shift in market sentiment as concerns over regional instability ease, reducing some of the safe-haven demand that had previously driven gold prices higher.
For Japanese investors, this development may influence portfolio strategies, particularly as gold often acts as a hedge amid global uncertainties impacting both FX and equity markets.