====== Rally ====== //Gold's upward rally continues with spot prices reaching a record high of US$2,265.73/oz yesterday following inflation data from the US late last week.// //However, stronger-than-expected US factory data for March dampened the rally in gold as the trading session progressed.// Lower net-long wagers and reduced open interest indicate that physical buyers may be playing a role in the rally.((https://archive.ph/Juhz9#selection-1689.0-1689.113)) //The compounded effect of geopolitical risks and demand recovery is poised to push oil prices higher, potentially affecting the broader energy market, including natural gas, as market dynamics shift.//((https://www.nasdaq.com/articles/natural-gas-and-oil-forecast:-middle-east-risks-elevate-bullish-oil-trends?time=1712035590)) //Oil prices experienced a surge, driven by promising demand indicators from China and the U.S., alongside escalating Middle East tensions impacting supply concerns. Improved manufacturing activity in China and the U.S. hints at a robust demand rebound for oil.//((https://archive.ph/NSmhZ#selection-2811.0-2814.0))