Daily Market Report
➢ Gold price struggles to capitalize on its weekly gains registered over the past two days.
➢ The optimism over US-China trade talks is seen weighing on the safe-haven commodity.
➢ Investors now look to the crucial FOMC policy decision for a fresh directional impetus.
➢ Gold price sticks to intraday losses; lacks follow-through amid geopolitical risks, ahead
of FOMC.
➢ US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer are set to
meet their Chinese counterparts in Switzerland on Saturday to discuss trade and
economic issues.
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