// COMPARE

Gold edged up 0.3% to $4,489, holding the $4,500 zone, after a Reuters note flagged it has overtaken Treasurys as the top central-bank reserve asset.

Structural central-bank demand and sticky inflation underpin gold even with real yields elevated — a durable, not speculative, bid.

$4,500 is immediate resistance, $4,420 support; any hot inflation read keeps the bid firm.

The Nasdaq 100 climbed 0.5% to a record 30,661, led by Nvidia's new PC-processor launch and a 32% surge in Marvell.

The AI-capex narrative remains the single dominant market force, pulling capital out of crypto and into chips.

Watch for any wobble in semis leadership; 30,000 is now the first line of support.