Gold Prices Await Inflation Data, Eyeing $2350

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Gold prices held steady as investors anticipate economic reports, with U.S. gold futures slightly increasing. The U.S. PCE price index, scheduled for Friday, is crucial for golds potential rise towards $2,350 or pullback towards $2,300. A weakening global economy, indicated by slower U.S. and Eurozone growth, supports golds value. Silver, platinum, and palladium also experienced minor decreases.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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