Gold Prices Steady as Traders Brace for Market News on PCE and Tariffs
Gold prices have stabilized in a range after the recent pullback, currently hovering around $3,020. As traders assess developments related to PCE inflation data and upcoming tariff announcements, market sentiment appears to be cautious yet optimistic. News of potential easing on the broad application of tariffs has provided a buffer of stability in the gold market. With various factors influencing gold prices, traders must remain alert to any news that could indicate shifts in demand for this precious metal. What does the future hold for gold as events unfold?