Gold recently gained as softer U.S. data reduced Fed hike expectations and weakened the dollar, while Brent climbed above $90 amid Hormuz tensions. The conflicting forces are keeping bullion volatile: easier Fed expectations support XAU/USD, but higher oil could revive inflation and delay policy easing. Traders should watch FOMC minutes and energy prices for direction.
Gold Gains as Dollar Weakens, but Oil-Driven Inflation Caps Upside
