Gold futures edged up and Goldman Sachs said solid demand from emerging central banks and Asian households, and the prospect of eventual lower U.S. interest rates should see bullion rise to $2,700 an ounce by the year end.
Investors are unlikely to find much conviction to increase duration in eurozone government bonds for the time being, after yields rose following data on Thursday, Commerzbank Research said.
Ukraine is running desperately low on ammunition ahead of an expected Russian offensive. WSJ’s Ben C. Solomon spent time with an artillery unit under pressure as its supply of shells dwindles.
In China, where AI developers work under strict regulations, a new chatbot has been trained on texts that include leader Xi Jinping’s signature political philosophy.