Daily Market Report
➢ Gold (XAU/USD) started the week under pressure, falling to a four-day low during the Asian trading
session.
➢ Inflation concerns boosted the US Dollar, which is the main reason behind the decline in gold prices.
➢ Crude oil prices jumped more than 25%, increasing fears of higher global inflation.
➢ Rising inflation expectations reduce the chances of near-term interest rate cuts by the US Federal Reserve (Fed).
➢ The stronger US Dollar reached its highest level since November 2025, making gold less attractive.
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