Gold and Silver Prices Face Resistance as US PCE Data Looms Ahead

Tuesday, 28 May 2024, 10:32

In the latest commodities analysis by Capital.com, Daniela Hathorn delves into the current situation of XAU/USD, XAG/USD, Gold Futures, and Silver Futures. The analysis highlights the upcoming US PCE data release and its potential impact on gold and silver prices. Investors are advised to monitor these commodities closely in light of the impending economic data.
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Gold and Silver Prices Face Resistance as US PCE Data Looms Ahead

Commodities Analysis: Gold and Silver Prices

In the latest analysis by Capital.com, Daniela Hathorn provides insights into the performance of XAU/USD, XAG/USD, Gold Futures, and Silver Futures. Gold and silver prices are currently facing significant resistance levels.

Key Points:

  • US PCE Data: The upcoming US PCE data release is a crucial factor that could influence the prices of gold and silver.
  • Investor Caution: Investors are recommended to exercise caution in light of the impending economic data.

Stay informed with the latest trends in the commodities market to make well-informed investment decisions.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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