XAUUSD - Daily Bulletins | Sardis Global Research

Pricing on the gold side continues to remain under the influence of geopolitical developments. While the escalating tension between Israel and Iran supports safe-haven demand, it is observed that investors are closely monitoring new statements to come from the region. While the weak factory orders in Germany keep global growth concerns alive, the growth figures from Japan have created a limited impact on the markets. While volatility driven by the news flow is expected to remain high throughout the day, it is assessed that the selling-pressured outlook could be maintained.

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