Gold and Silver Daily Forecast: Awaiting PCE Data and Fed Insights
Gold remains firmly above $3,000 as traders eagerly await data releases regarding the Personal Consumption Expenditures (PCE) index and commentary from the Federal Reserve. Silver shows strength supported by bullish trends and optimism from potential stimulus in China. As traders evaluate these impactful elements, understanding their significance in influencing market trends is crucial. Expect heightened volatility and potential shifts as these events unfold, impacting both gold and silver valuations in the global markets.