US Core PCE Inflation Hits Six-Month Low
The US August core PCE price index rose 3% year-over-year, marking the lowest level since February and falling below the 3.3% market expectation. The monthly rate was 0.2%. Following the data release, gold rose to $4,205 per ounce, and silver increased to $61.36 per ounce.
Summaries are written by AI from the original article. Not investment advice.