Daily Market Report
➢ Gold (XAU/USD) extends its gains for the third consecutive day on Friday, supported by safe-haven demand.
➢ Upside momentum remains limited as traders stay cautious ahead of key US macroeconomic releases.
➢ Investors are focused on the Advance Q4 GDP report and the Personal Consumption Expenditures (PCE) Price Index for fresh direction.
➢ The upcoming data will shape market expectations regarding the Federal Reserve’s future rate cut path.
➢ Rising geopolitical tensions in the Middle East provide underlying support to the precious metal.
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