Gold hits a fresh daily top heading into the European session, and looks to build on its steady intraday ascent amid a modest US Dollar downtick. However, elevated US Federal Reserve rate-hike expectations, along with geopolitical risks, act as a tailwind for the buck, keeping the bullion confined within the previous day’s broader range. Traders also seem reluctant and await the release of the closely watched US monthly employment details before placing aggressive directional bets.
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