House Financial Services Committee

Digital asset legislation could face a harder path if Democrats gain control of key congressional committees in the next session. Several likely committee leaders have criticized crypto bills, raising the risk of delays, investigations, and narrower regulatory proposals.

Gold begins the week under pressure after XAU/USD settled at $4,120.67, leaving the metal below a key weekly moving average and vulnerable to renewed selling. CPI, Warsh testimony and oil-market stress tied to the Strait of Hormuz are set to shape whether rate-sensitive buyers return or the downtrend resumes.