May 6, 2026

Daily Morning Analysis Report – Wednesday – 06/05/2026

Daily Market Report

➢ Gold (XAU/USD) rises toward $4,656 in early Asian trading.
➢ Gains driven by uncertainty around the US–Iran ceasefire.
➢ Weaker US Dollar supports gold prices.
➢ Tensions persist in the Strait of Hormuz despite ceasefire claims.
➢ UAE intercepted multiple missiles and drones from Iran.

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Daily Report

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