Metal’s upside rests on central-bank demand and easing oil shock, but higher yields and AI spending may temper recovery, money managers say.

Gold prices rebound from a six-month low, but rate-hike fears and inflation concerns limit gains amid geopolitical tensions.

Gold bounced from a six-month low near $4,023 per ounce but gains remain capped as markets price in over 70% odds of a Fed rate hike by December 2026.