Reply To: Cautious Investor — Market Weekly

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ThePitBoss
Participant

Gold futures settled $75.50 higher (+1.9%) at $4,151.90/oz

Weaker U.S. dollar boosted demand and investors sought safe-haven assets amid escalating Middle East tensions.
Traders also looked ahead to next week’s Federal Reserve meeting for clues on the interest rate outlook, providing additional support for bullion.

U.S. Dollar Index is down less than -0.1% to $101.15.