GOLD SET FOR WEEKLY DROP; TRADERS AWAIT U.S. DATA FOR CUES

GOLD SET FOR WEEKLY DROP; TRADERS AWAIT U.S. DATA FOR CUES
GOLD SET FOR WEEKLY DROP; TRADERS AWAIT U.S. DATA FOR CUES

GOLD SET FOR WEEKLY DROP; TRADERS AWAIT U.S. DATA FOR CUES

Gold prices were on track for a weekly drop, influenced by the Federal Reserve's decision to slow down its rate cuts.

The Fed’s stance on monetary policy easing affected gold's performance this week.

Traders are awaiting the U.S. Personal Consumption Expenditure (PCE) data, due later in the day, for further market direction.

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