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🟡 Gold Slips on Stronger USD, But Downside Looks Limited Gold started the week on a softer note as the US Dollar gained modest strength and global markets showed a positive risk appetite. The stronger USD pressured the precious metal, pushing prices lower in early trading sessions.
However, the downside may remain limited.
⚠️ Geopolitical tensions are still in focus, especially ahead of the upcoming US–Iran talks, which could increase safe-haven demand at any moment.
📉 At the same time, market expectations for additional Federal Reserve rate cuts may cap further gains in the US Dollar. If rate cut bets continue to build, gold could find solid support on dips.
📊 Market Outlook: Short-term pressure from USD strength Geopolitical risks supporting safe-haven flows Fed rate cut expectations limiting deeper correction Traders should closely monitor USD movement, bond yields, and geopolitical headlines for the next major move in gold.