XAU/USD estende sua queda abaixo de US$ 1,950 antes do PMI dos EUA e do discurso de Powell do Fed
Notícias do Bitcoin Ethereum Gold price loses traction below the $1,850 mark as the US Dollar (USD) resumes its upward path. The annual Core PCE Price Index grew 3.9% vs. 4.3% prior. The US passed bills to prevent a government shutdown following Fridays session. Traders will focus on the US ISM Manufacturing PMI, the Fed Chair Powells speech. Gold price (XAU/USD) extends its downside and trades in negative territory for the sixth consecutive day during the early Asian trading hours on Monday. The renewed US Dollar (USD) demand exerts some selling pressure on USD-denominated Gold price. The precious metal currently trades near $1,846, losing 0.12% on the day. Meanwhile, the US Dollar Index (DXY), a measure of the value of the USD relative to a basket of foreign currencies, holds above 106.25 after retracing the low of 105.65 on Friday. The US Bureau of Economic Analysis reported on Friday that the Personal Consumption Expenditures (PCE) Price Index climbed 3.5% YoY in August from 3.4% in July, meeting market expectations. The annual Core PCE Price Index, the Federal Reserves preferred inflation indicator, grew 3.9% from 4.3% in July, in line with the estimation. On a monthly basis, the PCE Price Index and the Core PCE Price Index