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Gold Traders Brace for PCE Inflation Test

Original: Gold Traders Brace for PCE Test as Record Central Bank Buying Meets a Hawkish Fed

Gold markets are positioning ahead of the latest US Personal Consumption Expenditures (PCE) inflation report, a key gauge for Federal Reserve policy. Prices are being supported by record central bank gold purchases, but a hawkish Fed stance is capping gains, leaving traders torn between strong official-sector demand and the prospect of higher-for-longer interest rates.

Why now: The upcoming PCE inflation print could shape Fed rate expectations and move gold prices.

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• Gold Traders Brace for PCE Test as Record Central Bank Buying Meets a Hawkish Fed · AD HOC NEWS

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