Daily Market Report
➢ Gold (XAU/USD) drops toward ~$4,645 amid market pressure.
➢ Prices opened lower but hover near ~$4,670 in Asian trading.
➢ Surge in West Texas Intermediate crude oil drives inflation fears.
➢ WTI jumps ~8.5% to near $98–$105 per barrel.
➢ Rising oil prices reduce expectations of rate cuts by the Federal Reserve.
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