🟡 GOLD DOWN 6% THIS MONTH — PCE DATA NEXT!
Gold prices stabilized Wednesday, but global bullion is heading for a ~6% monthly decline as traders weigh higher-rate expectations and a stronger US dollar.
📊 Key prices:
• Spot Gold: $4,180.30/oz
• Gold Futures: $4,212.70
• Vietnam gold bars: VND143.5M/tael (+0.7%)
🇻🇳 Vietnam prices rose today despite being 3.5% lower this month.
🔥 Next catalyst: US PCE inflation data
➡️ Softer PCE could support gold toward $4,200–$4,300
➡️ Hotter PCE could strengthen yields/USD and pressure gold toward $4,100
⚠️ Gold traders: watch inflation, Treasury yields & the dollar.
Trade Here 👉 $XAU | $PAXG | $COPPER
#AltcoinSeasonIndexHoldsAbove60For5Days #USADPAdds90000JobsInSeptember #QNTRises287% #StreamerClub #Write2Earn
Gold prices stabilized Wednesday, but global bullion is heading for a ~6% monthly decline as traders weigh higher-rate expectations and a stronger US dollar.
📊 Key prices:
• Spot Gold: $4,180.30/oz
• Gold Futures: $4,212.70
• Vietnam gold bars: VND143.5M/tael (+0.7%)
🇻🇳 Vietnam prices rose today despite being 3.5% lower this month.
🔥 Next catalyst: US PCE inflation data
➡️ Softer PCE could support gold toward $4,200–$4,300
➡️ Hotter PCE could strengthen yields/USD and pressure gold toward $4,100
⚠️ Gold traders: watch inflation, Treasury yields & the dollar.
Trade Here 👉 $XAU | $PAXG | $COPPER
#AltcoinSeasonIndexHoldsAbove60For5Days #USADPAdds90000JobsInSeptember #QNTRises287% #StreamerClub #Write2Earn
