Daily Market Report
➢ Gold (XAU/USD) maintains modest gains during the Asian session but struggles to break above the $5,050 resistance level.
➢ Increased geopolitical tensions in the Middle East are driving safe-haven demand, providing support to gold prices.
➢ The conflict involving Israel, Iran, and Hezbollah continues to intensify, adding uncertainty to global markets.
➢Israel’s expansion of ground operations in southern Lebanon is raising concerns about a broaderregional escalation.
➢ Iran’s continued attacks on critical infrastructure across Gulf nations are heightening fears of economic disruption.
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