Gold Drops Over 2% as Trump Eyes Copper Tariffs, Markets Await US PCE Data
Gold tumbled to $2,888 per ounce as investors braced for Friday’s US Personal Consumption Expenditures (PCE) data, a key inflation gauge for the Federal Reserve. A high reading could delay Fed rate cuts, weighing further on gold, while a softer print may trigger a rebound.
Recent News
US Tech 100 Bullish Flag at Resistance S...
May 01, 2025
Market Insights
Gold struggles for direction as firmer U...
August 06, 2025
Market Insights
NASDAQ made a Doji on higher levels
February 07, 2025
Market Insights
US30 consolidates in a bearish pennant b...
August 04, 2025
Market Insights
Gold Consolidates Near Key Support Will...
February 26, 2025
Market Insights
Upward rally in Gold continues unabated...
March 19, 2025
Market Insights
