Daily Market Report
➢ Gold price dips to ~$3,330 in early Monday Asian trading.
➢ Stronger-than-expected US PPI (3.3% YoY vs 2.5% forecast) pressures gold.
➢ Rate cut hopes fade as solid data weakens the case for Fed easing.
➢ US Retail Sales rise 0.5% MoM in July, matching market expectations.
➢ Safe-haven demand supports gold, limiting further downside.
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