Global financial markets have shown signs of recovery as tensions in the Middle East ease, leading to significant movements in stock and commodity prices. Gold prices notably tumbled 1.6% to fall below $2,400 per ounce, marking its biggest one-day fall since December. This decline was mirrored in the performance of gold mining stocks, which experienced their worst trading session in two months. Concurrently, stock markets in Tokyo, London, and U.S. futures rebounded, buoyed by the reduced geopolitical risk and ahead of anticipated U.S. inflation data.