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    PCE Report Triggers Gold Slide, Analyst Warns Fed Rate Cut Could Deepen Losses

    • Post author:MiamiCrypto
    • Post published:August 30, 2024
    • Post category:Bitcoin/economic data/Fed rate cut/Financial Markets/gold/Gold Prices/investment strategy/Kerry Sun/Market Analysis/News Bytes/News Bytes 1/PCE report

    On Friday, Aug. 30, 2024, gold experienced a decline in value, coinciding with the U.S. Commerce Department’s release of the personal consumption expenditures (PCE) price index data. The PCE climbed…

    Continue ReadingPCE Report Triggers Gold Slide, Analyst Warns Fed Rate Cut Could Deepen Losses
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