🌍 Global Market Drivers 👍Federal Reserve Outlook Traders expect a December rate cut as U.S. economic data weakens. Lower interest rates reduce the cost of holding gold → boosts demand. 👍U.S. Dollar & Bond Yields Dollar index (DXY) near 103.5, easing from recent highs. Softer yields = positive for gold since it’s a non-yielding asset. 👍Economic Uncertainty Concerns about U.S. slowdown and global growth sustain safe haven buying. Gold gains when investors hedge against market volatility. 👍China & India Demand India: festive buying season + rising domestic prices. China: new VAT reform may slightly reshape retail demand but not kill interest. 👍ETF & Institutional Flows Gold-backed ETF inflows up for the second consecutive week, showing investor confidence.