Daily Market Report
➢ Gold (XAU/USD) rose on Friday as safe-haven demand increased amid geopolitical tensions.
➢ Despite the rise, Gold is heading for its first weekly loss in five weeks.
➢ Rising oil prices due to Middle East tensions are increasing inflation concerns.
➢ Higher inflation worries are causing traders to reduce expectations of Federal Reserve rate cuts.
➢ A stronger US Dollar is putting pressure on dollar-denominated gold prices.
….Click below View button for more info…
