Gold Prices Await US Economic Data, Fed Rate Cut Odds
Update: 2025-11-24
Description
Gold prices hold steady as investors anticipate upcoming economic data, potentially influencing the Federal Reserves interest rate decisions. Spot gold remains around $2,322.39 per ounce, while U.S. gold futures slightly increase. Analysts predict gold will likely fluctuate within a narrow range, with PCE data potentially pushing prices higher or lower. The U.S. PCE price index and Fed officials comments this week will significantly impact market expectations for a September rate cut.
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