Gold (XAU/USD) continued its upward momentum on Monday, trading near $1,644, levels not seen since May 15. According to FX Street, the precious metal rose by nearly 0.90% during the day, maintaining a clear bullish bias.
This rally reflects growing investor interest in gold as a safe haven amid ongoing market uncertainties. FX Street reported that gold’s price action remains strong, holding near its highest point in over a month.
For Japanese investors, this trend could influence portfolio strategies, especially as fluctuations in global FX and Treasury markets continue to impact risk sentiment domestically.