Core Viewpoint - Gold prices have decreased due to a stronger dollar but are still expected to achieve a weekly gain following a lower-than-expected U.S. inflation report, which has bolstered expectations for further interest rate cuts [1] Group 1: Market Performance - New York futures for gold fell by 0.2% to $4,355.70 per troy ounce, while they are up 0.6% for the week [1] - The U.S. dollar index increased by 0.2% to 98.64 [1] Group 2: Market Expectations - Traders are currently estimating a roughly 25% chance of a rate reduction in January and are almost fully pricing in a cut by April, according to ANZ analysts [1]

Group 1 - Global supply tightness remains a concern for markets, indicating potential challenges in various sectors [1] - Markets are currently pricing in an 88% probability of a Federal Reserve rate cut, which could influence investment strategies and economic conditions [1]

Core Viewpoint - Gold prices have declined for four consecutive trading sessions due to reduced expectations of interest rate cuts by the Federal Reserve and anticipation of delayed U.S. economic data [1]. Group 1: Market Reactions - Futures in New York decreased by 1.3% to $4,021.90 per troy ounce, while spot gold fell by 1% to $4,045.86 per ounce [1]. - Market sentiment has shifted, with bets on a rate reduction falling below a 50% chance after several Federal Reserve officials expressed caution [2].