Gold price shines as US Dollar dwindles pre-release of US PCEGold rallied more than 1% on Thursday after economic data. The softer Greenback, which is retreating after posting solid gains, undermined lower US Treasury bond yields.
Source: Gold price shines as US Dollar dwindles pre-release of US PCE (https://www.fxstreet.com/news/gold-price-rallies-over-1-on-soft-usd-lower-us-yields-202406271906)