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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
GoldMarketsTechnical Analysis

Gold Hits 3-Week High on Dovish Fed Bets

Gold rose above $4,130 on Tuesday, hitting a three-week high as growing economic uncertainty in the US fueled expectations for a near-term Federal Reserve rate cut. Last week’s data showed job losses in October, particularly in government and retail sectors, while consumer sentiment fell to a 3½-year low in early November. Traders are pricing in about a 64% chance of a 25-basis-point Fed cut in December, with Fed Governor Stephen Miran advocating a larger half-point reduction amid falling inflation and rising unemployment. Meanwhile, the US Senate advanced a measure to reopen the federal government after a 40-day shutdown, potentially reducing safe-haven demand for gold. Elsewhere, JP Morgan Private Bank projected that gold could surpass $5,000 per ounce next year, largely supported by central bank buying in emerging markets.

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