🚨 Gold Holds Steady as Investors Await U.S. Economic Data 🚨

Gold prices are holding just below their all-time highs as traders watch closely for U.S. retail, industrial, and jobless data to gauge the Federal Reserve's next moves. Here's what you need to know:

Spot Gold: Flat at $2,674.96/oz after nearing the all-time high of $2,685.42.

U.S. Gold Futures: Steady at $2,690.40.

🔑 Key Factors to Watch:

U.S. retail sales, industrial production, and jobless claims data could shape expectations for a rate cut.

92.2% chance of a 25 bps rate cut in November, according to CME FedWatch.

Falling U.S. import prices suggest lower inflation, supporting further easing.

ECB likely to cut rates again as eurozone inflation slows and economy stagnates.

📈 Other Metals:

Silver rose 0.2% to $31.74/oz.

Platinum gained 0.8% to $1,001.40/oz.

Palladium firmed 0.3% to $1,026.09/oz.

With rate cuts and geopolitical tensions driving the market, precious metals remain a key asset. Keep your eyes on the upcoming U.S. economic data for more clues on where the gold market is headed.

💬 What’s your next move on gold? Share your thoughts below!