Daily Market Report
➢ Gold (XAU/USD) falls toward $4,720 in early Asian trading on Wednesday.
➢ Price weakness driven by stronger US economic data and geopolitical shifts.
➢ Middle East tensions, especially around the Strait of Hormuz, keep markets volatile.
➢ US–Iran ceasefire extension temporarily eases safe-haven demand for gold.
➢ Trump signals extended ceasefire but previously warned of possible military action.
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