Daily Market Report
➢ Gold prices (XAU/USD) dipped slightly at the start of the week, around $4,734.
➢ Rising Oil prices increased inflation fears, pressuring Gold.
➢ Higher inflation expectations reduce chances of rate cuts by the Federal Reserve.
➢ Stronger “higher-for-longer” rate outlook kept Gold buyers cautious.
➢ Comments by Donald Trump about Iran weakened the US Dollar.
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