Gold Prices Await Fed's Rate Decision
Update: 2025-11-24
Description
Gold prices hold steady as investors await key economic data, with US Personal Consumption Expenditures (PCE) data and Federal Reserve officials speeches set to influence market sentiment. A lower-than-expected PCE could spark a new rise in gold prices, while stronger numbers might lead to a deeper dip. The market currently estimates a 50% chance of a September rate cut, making upcoming economic data crucial in confirming or changing this expectation.
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