Daily Market Report
➢ Gold dips for a second day, nearing $3,300, amid improved risk sentiment and stronger USD.
➢ US-China trade optimism and Trump’s tariff flexibility for carmakers support market risk
appetite.
➢ USD edges higher, pressuring gold, but gains are limited by Fed rate cut expectations.
➢ Trump’s unstable trade policy stokes fears of economic slowdown, supporting gold.
➢ Weak US data (JOLTS job openings fell to 7.19M, Consumer Confidence at 5-year low) boosts
dovish Fed outlook.
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