Daily Market Report
➢ Gold slipped below USD 4,500/oz as inflation fears and Fed rate-hike expectations intensified.
➢ U.S. President Trump signed a proclamation amending tariffs on selected metal imports.
➢ Trump expects a deal with Iran that could reopen the Strait of Hormuz and extend the ceasefire next week.
➢ Uncertainty over U.S.–Iran negotiations continue to drive market volatility.
➢ The U.S. Dollar Index held firm above 99.00, supported by geopolitical uncertainty.
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