U.S. economic data is mixed, and gold prices remain sluggish
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U.S. economic data is mixed, prompting traders to take profits ahead of the Federal Reserve's policy meeting, with gold prices maintaining a downward trend. The trading price of gold is close to $2,688 per ounce, due to accelerating wholesale inflation and an increase in unemployment claims. Although gold prices have risen over 30% this year, concerns about economic growth and inflation are expected to slow the pace of gold's increase in 2025. The spot gold price is $2,688.45 per ounce, with a weekly increase potentially reaching 1.8%
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