TODAY'S MARKET INTELLIGENCE
Geopolitical Risks Boost Oil Prices; Liquidity Pressure Weighs on Gold
English summary
Spot gold weakened on Friday as Fed hawkish expectations and market deleveraging offset safe-haven demand. Tensions in the Middle East boosted oil prices and inflation expectations, pressuring equity markets and prompting institutions to sell gold for margin calls.
The English text is machine translated and may require verification against the Chinese version.
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