Company Overview - Marks & Spencer (M&S) will extend Archie Norman's tenure as chairman until 2029, following a unanimous decision by the board and widespread support from shareholders [2][3] - Norman, who joined M&S in 2017, is credited with leading a revival of the retailer after years of market share decline [3][4] Financial Impact - M&S suffered a £300 million loss due to a cyber attack earlier this year, which disrupted operations and online sales [3][4] - Despite the setback, M&S reported a 7.7% increase in grocery sales over the 12 weeks leading to October, indicating signs of recovery [4] Market Context - M&S has rejoined the FTSE 100 in 2023 after a four-year absence, reflecting a turnaround in its fortunes [2] - Competitors like Tesco and Sainsbury's also reported sales increases, with Tesco's sales up by 6.9% year-over-year, capturing a market share of 28.3% [5] - In contrast, Asda's sales fell by 3.2%, resulting in a decrease in market share from 12.7% to 11.8% [6][7]

Group 1 - The core viewpoint is that gold prices are expected to maintain a strong oscillating trend in the short term due to increased investor demand for safe-haven assets amid geopolitical uncertainties and fluctuating trade policies [1][2] - Copper Crown Jin Yuan Futures indicates that the recent high volatility in precious metal prices is influenced by Trump's tariff policies and geopolitical tensions, particularly the ongoing Russia-Ukraine conflict [1] - Zhonghui Futures highlights that the market is closely watching the developments in U.S. and global tariff negotiations, which could significantly impact gold prices [2] Group 2 - Asset Strategies International predicts further increases in gold prices, suggesting that the current price consolidation around $3,300 per ounce may lead to upward movement due to anticipated monetary expansion and inflation [3] - Adrian Day Asset Management expresses that while gold prices may experience fluctuations, any declines are unlikely to be deep or lasting, as buyers are expected to enter the market on dips [3] - The fundamental drivers for gold remain unchanged, with central banks diversifying their assets to reduce reliance on the U.S. dollar, indicating a supportive environment for gold prices [3]