Daily Market Report
➢ Gold is falling as the lack of progress in U.S.–Iran ceasefire talks reduce immediate safe-haven demand.
➢ Silver is also under pressure, tracking the broader weakness in precious metals.
➢ The U.S. Dollar Index is hovering near 99.40 ahead of the closely watched U.S. NFP report.
➢ Expectations for higher U.S. interest rates continue to weigh on gold prices.
➢ Recent Middle East ceasefire hopes had earlier pressured gold by improving market risk sentiment.
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