Daily Market Report
➢ Gold holds ground near $4,050 as upcoming US jobs data keeps traders cautious ahead of a potential major move.
➢ Silver holds gain above $58.50, supported by US-Iran talk signals despite lingering Fed uncertainty.
➢ The USD steadies around 100.00 as US-Iran tensions lend support, while the Euro declines on broad dollar strength.
➢ Iran rejected any second corridor through the Strait of Hormuz, complicating ongoing peace negotiations with the US.
➢ WTI trades with a positive bias below mid-$79.00s as Iran uncertainty and supply concerns keep oil supported.
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