Daily Market Report
➢ Gold hits a fresh all-time high near $4,967, extending its strong weekly uptrend
➢ Rally holds despite easing geopolitical tensions after Trump backs off Greenland seizure & EU tariff threats
➢ Risk-on mood boosts global equities, which normally hurts gold, but bullish gold sentiment remains dominant
➢ US Dollar rebounds slightly, but stays near a two-week low
➢ Overbought technicals and equity optimism may cap fresh gold buying short term
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