Gold (XAUUSD) Price Forecast: Will Fed Clarity Spark the Next Gold Breakout?

Trade policy remained fluid throughout the week. Trump reduced Indonesian tariffs to 19% from 32% and signaled progress with Vietnam, suggesting the administration may pursue bilateral agreements before implementing broader measures. June Consumer Price Index data already showed tariff-related inflation lifting costs of core goods including audio equipment and furnishings, raising questions about Federal Reserve…

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Gold (XAUUSD) Price Forecast: Will Core PCE Fuel a Rally or Signal Further Losses?

Profit-Taking Sets in but Macro Backdrop Stays Supportive Wednesday’s pullback was inevitable after extreme gains. Trump’s softer tone on Powell and openness to tariff reductions sparked temporary risk-on sentiment. Gold retreated as equities bounced and the dollar recovered. By Thursday, opportunistic buyers returned, stabilizing gold prices heading into the weekend. Despite volatility, gold’s core fundamentals…

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