Gold Prices Await PCE Data, Eyeing $2350
Update: 2025-11-24
Description
Gold prices hold steady as investors anticipate key economic reports, with U.S. personal consumption expenditures (PCE) inflation data expected to influence golds value. A softer inflation number could push gold prices higher, while a strong report might lead to a pullback. Business activity in the U.S. and Eurozone has cooled, suggesting a weakening global economic outlook, which could be positive for gold. Silver, platinum, and palladium also experienced slight dips in value.
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