Daily Market Report
➢ Gold (XAU/USD) holds intraday gains above $5,150, trading up around 1.30% during the Asian session.
➢ Ongoing geopolitical tensions in the Middle East continue to support demand for safe-haven assets like Gold.
➢ US President Donald Trump stated that US military operations in Iran could last four to five weeks, increasing market uncertainty.
➢ Weak sentiment in global equity markets reflects investor concerns over a prolonged regional conflict.
➢ The closure of the Strait of Hormuz has pushed Crude Oil prices to their highest levels since June 2025.
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