Daily Market Report
➢ Gold trades lower on Thursday, remaining below its nearly two-week high as Asian session sentiment stays weak.
➢ Risk-on mood and optimism over a potential Russia–Ukraine peace deal divert flows away from safe-haven gold.
➢ Thanksgiving-thinned liquidity in US markets increases profit-taking pressure on bullion.
➢ Dovish Fed expectations keep the US Dollar depressed, limiting deeper losses in XAU/USD.
➢ Mixed US data failed to change expectations for another December Fed rate cut.
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