Gold and Copper Prices React to PCE Test and China PMI Data

Friday, 31 May 2024, 01:34

The focus is on gold prices remaining stable amidst the anticipations of the PCE test, while copper experiences a decline due to weak China PMI figures. The performance of these metals reflects the impact of key economic indicators and global market trends.
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Gold and Copper Prices React to PCE Test and China PMI Data

Gold Prices Stability Amidst PCE Test Anticipation

Gold prices remain steady as investors keep a close eye on the upcoming PCE test, a pivotal economic indicator influencing market sentiment.

Copper Weakness Linked to China PMI Decline

Copper slips due to weak China PMI data, signaling challenges in the Chinese economy which impact global commodity markets.


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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