Asian markets early gains in gold were supported by some favorable factors.
In the early Asian trading session, gold saw a slight increase. Spot gold rose by 0.1% to $4,305.27 per ounce. Joseph Dahrieh, Managing Director at Tickmill, stated that the price of gold continues to benefit from strong market expectations of further monetary policy easing by the Federal Reserve, ongoing purchases by central banks around the world, and expanding geopolitical risks, which are maintaining safe haven flows. The main focus of the market this week may be on key government data from the United States, such as the November employment report to be released on Tuesday and the November CPI data to be released on Thursday.
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