Daily Market Report
➢ Gold consolidates below $4,200, trading near $4,130.
➢ Stronger US Dollar limits Gold’s upside.
➢ Profit-taking follows last week’s rebound from $3,941.
➢ Weak US Nonfarm Payrolls (NFP) reduced near-term Fed hike expectations.
➢ Easing oil inflation pressures support a less aggressive Fed outlook.
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