Daily Market Report
➢ Gold price gains fresh buying interest on Friday, holding near Thursday’s two-week high.
➢ XAU/USD trades above $3320 during the Asian session, maintaining positive momentum.
➢ US fiscal concerns, renewed US-China trade tensions, and geopolitical risks support safe-haven
demand.
➢ Weaker USD driven by Fed rate cut expectations further boosts gold’s appeal.
➢ US economic data impact fades quickly due to overriding fiscal worries.
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