Be careful of the US government shutdown! PCE is expected to assist the strong US dollar, while gold is expected to plummet by 2% this week
Is the Federal Reserve planning to cut interest rates in September this week, with gold prices aiming to rise above the 2400 level?
The market is waiting for the US Q2 GDP and June PCE data, and the Federal Reserve is expected to remain inactive
Gold futures hover around $2400, market awaits US PCE data