Daily Market Report
➢ Gold hits all-time high, surpassing $3,940 during Monday’s Asian session.
➢ Fed rate cut expectations (95% for October, 83% for December) drive strong demand.
➢ US government shutdown fuels safe-haven buying amid economic uncertainty.
➢ Sanae Takaichi elected Japan’s PM, increasing chances BoJ delays rate hikes.
➢ Weaker Japanese Yen boosts the US Dollar, limiting gold’s upside slightly.
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