💨 Abstract

Gold prices declined for the fifth consecutive session on Tuesday, pressured by strong U.S. economic data but limited by safe-haven demand due to Middle East tensions. Gold fell 0.1% to $2,641.63 per ounce. The decline followed a strong U.S. jobs report that adjusted estimates of future U.S. rate cuts. The dollar eased, and investors awaited the Fed's meeting minutes and more economic data.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖