Gold

Key insight

$4,360.90 prints a fresh ATH zone — bull trend intact above 50-day MA ~$4,180. Silver's +3.8% co-move validates the rally; next resistance is $4,400 round number, then $4,500 measured extension.

Surges +2.28% to $4,360.90, outpacing equities; silver +3.8% confirms broad metals bid. USD/JPY -0.4% and a softer dollar underpin momentum above the $4,300 round-number pivot.

Main risk

Sudden USD reversal / real-yield spike

10-yr real yield jump toward 2.5%+ would pressure gold hard; dollar index reclaim of 102 the trigger to watch.