Daily Market Report
➢ Gold price (XAU/USD) regains modest positive traction after Thursday’s pullback from a
multi-week high.
➢ The precious metal remains below the $3,400 mark, lacking strong follow-through buying.
➢ Optimism around US-China trade talks limits safe-haven demand and weighs on gold’s
upside potential.
➢ The US Dollar edges higher ahead of the crucial Nonfarm Payrolls (NFP) report, capping
further gains in gold.
➢ A generally positive risk tone in global markets further diminishes demand for gold.
➢ Investor sentiment remains cautious due to US President Trump’s unpredictable trade
policy stance.
….Click below View button for more info…
