Gold keeps shining

A powerful rally in gold and other metals, a landmark EU‑India trade deal, and renewed questions around Japan’s bond market and the dollar all shaped investor thinking this week. Precious metals’ sharp gains, driven by central bank buying and wider retail access, highlight both their enduring safe-haven appeal and growing links to risk-on sentiment.

The EU‑India agreement promises to lift India’s export industries and support European autos, creating a medium-term growth story while offering some protection against US trade uncertainty. In Japan, rising long-dated government bond yields have stirred fears of capital repatriation and pressure on the dollar, yet flows so far suggest more hedging than outright selling of US assets.

Together these developments underscore an investment landscape where commodities strength, shifting trade ties and currency realignments are opening opportunities but also demanding careful risk management.