Gold prices stay above $2,900 as traders look toward potential Fed rate cuts. The impending inflation data raises questions: will this push XAU higher or initiate a sell-off? Analysts are debating the effects of upcoming reports, with gold positioned as a crucial commodity to watch. The relationship between inflation triggers and safe-haven commodities often dictates market sentiments. Traders will need to stay alert to price movements that could follow the economic data releases expected later in the week.