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
WTI Crude Oil Faces Resistance at $80.47...
March 29, 2025
Market Insights
AUD/USD awaits a breakdown for the next...
November 12, 2024
Market Insights
NASDAQ is sustaining on daily Resistance...
December 24, 2024
Market Insights
GBPJPY making a bullish flag on Daily ti...
December 24, 2024
Market Insights
U.S. Dollar Index Tests 200 Day Moving A...
March 05, 2025
Market Insights
US Tech 100 Consolidates Within Triangle...
March 21, 2025
Market Insights
