Daily Market Report
➢ Gold edged lower as the US Dollar rebounded from a one-month low.
➢ A positive global equity market tone weakened safe-haven demand for gold.
➢ Expectations of a December rate cut by the Federal Reserve limited USD strength.
➢ Gold remained range-bound during the Asian session with weak bearish conviction.
➢ Geopolitical risks from Russia–Ukraine tensions continue to support gold prices.
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