Gold Prices May Rise if the Fed’s Ideal Inflation Gauge Softens After GDP Shrank
Gold prices soared as the US economy shrank in the second quarter, boosting bets of a Fed pivot. Softer PCE data on Friday could further boost XAU/USD.
Gold prices soared as the US economy shrank in the second quarter, boosting bets of a Fed pivot. Softer PCE data on Friday could further boost XAU/USD.