Gold prices posted a notable increase on Monday after falling earlier to their lowest level in two weeks, supported by a decline in U.S. Treasury yields and stronger demand for safe-haven assets amid political and economic uncertainty.
The UK economy recorded a slowdown in growth during the second quarter of the year, weighed down by uncertainty surrounding tariffs and higher taxes.
The U.S. dollar weakened on Wednesday following inflation data that matched expectations, reinforcing investor bets that the Federal Reserve will lower interest rates next month. The decline came amid ongoing political tensions over President Donald Trumps efforts to expand his influence over key U.S. institutions, which further weighed on the currency.
The minutes of the Bank of Japans latest monetary policy meeting, released on Tuesday, revealed that committee members remain optimistic about the countrys economic recovery continuing at a steady pace, despite some signs of a slight slowdown in growth.
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