Gold price (XAU/USD) struggles below the $3,300 mark, dropping to around $3,290 during Friday’s Asian session. Market participants are keenly awaiting insights from the upcoming US Personal Consumption Expenditure (PCE) Price Index. This key data will provide crucial cues on Federal Reserve policy outlook. Understanding market responses to inflation figures will be vital for those involved in gold trading. As prices adjust to both economic data and sentiment shifts, what does the outlook seem like for gold traders?