Gold Prices Slip as Sticky US PCE Inflation Fails to Boost Fed Rate Hike Expectations
Spot gold is trading near $4,607.91, down 0.83% on the day. At the time of writing earlier, gold was quoted around $4,620. US PCE inflation data remained sticky…
Spot gold is trading near $4,607.91, down 0.83% on the day. At the time of writing earlier, gold was quoted around $4,620. US PCE inflation data remained sticky but failed to boost expectations for Fed rate hikes, keeping gold under pressure.
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