Daily Market Report
➢ Gold price faces renewed selling pressure during Friday’s Asian session, failing to build on
Thursday’s rebound from a one-week low near the $3,300 region.
➢ US Dollar strength resurfaces, driven by dip-buying and positioning ahead of key US inflation
data, weighing on gold prices.
➢ Upcoming US PCE Price Index release is in focus, with traders eyeing it for clues on the Federal
Reserve’s future rate path.
➢ Geopolitical tensions and trade policy uncertainties continue to offer underlying support to
gold as a safe-haven asset.
➢ A federal appeals court’s pause on a trade court ruling related to Trump-era tariffs introduces
fresh policy ambiguity, slightly benefiting gold sentiment.
….Click below View button for more info…