💨 Abstract

Gold prices rose on Monday due to increased demand for safe-haven assets amid escalating Middle East conflicts. Investors are awaiting this week's U.S. inflation data for insights on the Federal Reserve's interest rate cut path. Gold prices are currently caught between a strengthening U.S. dollar and ongoing demand for safe havens. The market expects the Fed to cut rates by a quarter of a percentage point next month, with a 95% probability.

Courtesy: theprint.in