Hello everyone, let's explore how gold prices are likely to fluctuate this weekend!
Currently, gold is hovering around the 2345 USD mark, showing little change compared to the beginning of the trading session. The current trend is in a consolidation phase, waiting for new data from the much-anticipated U.S. Core Personal Consumption Expenditures (PCE) Price Index. This is the Federal Reserve's preferred measure of inflation and could provide new directional momentum for gold prices.
Currently, gold is hovering around the 2345 USD mark, showing little change compared to the beginning of the trading session. The current trend is in a consolidation phase, waiting for new data from the much-anticipated U.S. Core Personal Consumption Expenditures (PCE) Price Index. This is the Federal Reserve's preferred measure of inflation and could provide new directional momentum for gold prices.
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