According to relevant reports, Japan's budget requests for the next fiscal year will exceed 130 trillion yen for the first time, marking the fourth consecutive year that the country has set a record high in budget request amounts. As per procedure, each government department in Japan must submit its budget request by the end of this month, after which the annual budget negotiation phase will begin. The Japanese government typically completes the preparation of the budget draft by December each

After a short-term strong breakout, gold prices remain volatile at high levels, while the supporting logic for long-term substitution remains solid.

Gold prices rose more than 5% this week, with the US Federal Reserve’s vague guidance and rising debt concerns fueling gains in precious metals.

The price of gold in the over-the-counter market has surged past $4,600 per ounce, with an intraday increase of 1%. The current volatility in the gold market is influenced by multiple factors, including global macroeconomic conditions, geopolitical risks, and market risk-aversion sentiment. Investors intending to participate in related investments should consider their own risk tolerance, closely monitor market dynamics, and implement effective risk control measures.

The Brent crude oil OTC price has surpassed the $92 mark, with an intraday increase of over 1%. As one of the key global oil pricing benchmarks, the price movement of Brent crude often has varying impacts on the international energy market, downstream refined oil pricing, and inflation levels in multiple countries. This recent price surge has also drawn continued attention from many market participants.