Gold Prices Await US PCE Data, Silver Dips
Update: 2025-11-24
Description
Gold prices held steady as investors awaited economic reports, with U.S. gold futures slightly rising. The most anticipated data, U.S. PCE price index, is set for release on Friday. A lower inflation number could push gold to test the two thousand three hundred fifty dollar mark, while a stronger inflation reading might cause gold prices to pull back. Economic indicators showed a cooling down in U.S. and Eurozone business activity, potentially weakening the global economic outlook and acting as a positive catalyst for gold. Silver, platinum, and palladium also experienced decreases.
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