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Gold Price - Gold Prices Steady After Data Hints at Smaller Fed Rate Cut

02-09-2024 00:45

Financial analysts believe that the gold market is in a holding pattern as investors await clearer signals. Monitor economic indicators and Fed announcements for the latest insights on precious metal investments.

Gold Price Forecast: XAU/USD battle with $2,530 continues ahead of US PCE inflation data

Gold price is back in the red early Friday, having run into stiff resistance once again near $2,530 on Thursday. Gold buyers turn cautious and refrain from placing fresh bets heading into the US core Personal Consumption Expenditures (PCE) inflation showdown.

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Gold Price - Gold Prices Steady After Data Hints at Smaller Fed Rate Cut

Gold Price Forecast: XAU/USD battle with $2,530 continues ahead of US PCE inflation data

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