Gold Holds Steady at $4,650 Ahead of US PCE Data Release
The gold price has remained relatively stable at around $4,650 as investors await the upcoming US Personal Consumption Expenditures (PCE) test.
The XAU/USD pair continues to hold its ground in the face of market uncertainty, with traders and analysts keeping a close eye on the PCE data release scheduled for later this week.
Ahead of the crucial economic indicator, gold prices have been experiencing some volatility due to mixed signals from various markets, including the US dollar and other commodities.