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Asian morning session sees gold slightly strengthen, with spot gold up 0.1% at $4305.27 per ounce.
Tickmill Executive Director Joseph Dahrieh analyzed that expectations of Federal Reserve easing, central banks continued accumulation, and rising geopolitical risks are the three main factors supporting gold prices. The demand for safe-haven assets in gold remains high.
This week, market focus is on two major U.S. key data releases: the November employment report on Tuesday and the November CPI data on Thursday, which may dominate short-term gold trends.