📊 Market analysis: Gold Hovers Close to Eight-Week Low Amid Rising Dollar Strength Gold stopped its four-day drop as a strong U.S. dollar continued to pressure prices, even though U.S. inflation data raised expectations for a Federal Reserve rate cut next month. The dollar’s strength made gold more expensive for international buyers. Gold is down over 7% from its October high but is still up about 25% this year due to the Fed's policies and safe-haven demand. As of 8:25 a.m. in Singapore, gold was steady at $2,574.55 per ounce. Read the full analysis here: https://lnkd.in/esQUwHZG Registration link: https://lnkd.in/eHzkUj5f #KVB# #technicalanalysis# #fundamentalsanalysis# #XAU/USD#