Daily Market Report
➢Gold (XAU/USD) rebounds after dipping near $4,420, supported by mild USD weakness.
➢ The US Dollar Index (DXY) struggles to stay above the 100 level, aiding gold prices.
➢ Friday’s strong 2.5% rally carries some momentum into the new week.
➢ Upside remains limited due to expectations of higher global interest rates.
➢ Hawkish central bank outlook reduces appeal of non-yielding gold.
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