Daily Market Report
➢ Gold price (XAU/USD) extends its rally to around $4,381 during Friday’s early European session, gaining 1.30% on the day.
➢ The upside move is supported by growing expectations of US interest rate cuts in 2026.
➢ Safe-haven demand amid rising geopolitical tensions continues to underpin gold prices.
➢ Market participants are closely watching upcoming US economic data to assess the future path of interest rates.
➢ The US December Nonfarm Payrolls (NFP) report will be a key focus next week.
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