Daily Morning Analysis Report – Tuesday – 21/10/2025

Daily Market Report

➢ Gold retreats from record highs as the USD strengthens for a third straight day.
➢ Profit-taking emerges amid overbought technical conditions.
➢ Risk-on sentiment in equities diverts flows away from safe-haven assets.
➢ Fed rate cut bets for October and December continue to limit USD upside.
➢ Prolonged US government shutdown fuels caution but supports underlying Gold demand.

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