Japan Monetary Base (YoY) increased to -9.5% in January from previous -9.8% | FXStreet

Goldrecovers further from its lowest level since January 6 and trades above $4,900, rising about 6% on a daily basis. The US Dollar holds steady following Monday’s advance but XAU/USD preserves its bullish momentum, possibly supported by dip-buying that came after the sharp decline.