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Gold continues to trade near three-month highs around the 4,650 USD per ounce level as market participants eagerly anticipate the upcoming US Personal Consumption Expenditures (PCE) price index. As the Federal Reserve's preferred gauge for measuring inflation, the PCE data is set to play a crucial role in shaping market expectations regarding future interest rate policy. Additionally, traders are closely monitoring upcoming remarks from central bank leaders at the Jackson Hole Symposium.
