Svmuu News Sky Links Capital CEO Daniel Takieddine stated that as market expectations for Federal Reserve rate cuts diminish, gold's upside potential may be limited. Strong U.S. labor market data is supporting Treasury yields, putting pressure on gold. Ongoing diplomatic efforts have bolstered market expectations that the Middle East conflict could be resolved, further adding uncertainty to gold's outlook. However, geopolitical risks outside the Middle East and continued gold purchases by central banks are still providing support for gold prices. He pointed out that gold's short-term direction will depend on upcoming U.S. economic data, Federal Reserve policy signals, and developments in the geopolitical situation. (Jin10)