Gold trades below $4,350 during the Asian session on Friday and looks to extend the previous day’s pullback from the highest level since June 5 as the US-Iran standoff continues to underpin the US Dollar’s reserve-currency status. However, reduced bets for an immediate Fed rate hike, amid signs of cooling US inflation, should act as a tailwind for the non-yielding bullion and help limit deeper losses.
Source: https://www.fxstreet.com/news/australia-home-loans-climbed-from-previous-43-to-19-in-2q-202608140144
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