Daily Market Report
➢ Gold started the week weaker but bounced from the $4,600 support level.
➢ The rebound lacked strong follow-through buying interest.
➢ Reports of a possible US–Iran 45-day ceasefire reduced safe-haven demand.
➢ A softer safe-haven bid kept the US Dollar from rising further.
➢ Rising global inflation concerns are pressuring gold prices.
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