Daily Market Report
➢Gold (XAU/USD) drops to around $4,775 in early Asian trading.
➢ Prices briefly touched a weekly low near $4,737–$4,738.
➢ Tensions rise between the US and Iran over the Strait of Hormuz.
➢ Iran shuts the Strait of Hormuz, warning ships to stay away.
➢Donald Trump claims new peace talks, but Iran denies participation.
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