Daily Market Report
➢ Gold slips after touching $4,046, stalling this week’s recovery from early-October lows.
➢ USD stays firm near a three-month high amid the Fed’s hawkish tone, weighing on bullion.
➢ Fed’s cautious stance on further rate cuts limits gold’s upside momentum.
➢ Safe-haven demand softens as optimism grows over easing U.S.–China tensions.
➢ Trade truce extended: Trump and Xi agree to a one-year pause on new trade restrictions.
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