Daily Market Report
➢ Gold rebounds from a two-month low and moves toward the $4,130–$4,135 area.
➢ The US Dollar pulls back from its recent high, giving some support to gold.
➢ The hawkish Federal Reserve outlook remains a major obstacle for gold.
➢ September FOMC minutes showed policymakers were leaning toward further interest-rate tightening to control inflation.
➢ Markets are pricing around an 80% probability of a December Fed rate hike
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