The Federal Reserve's commitment to high interest rates and strong US dollar has hindered gold recently, but upcoming rate cuts could provide support amidst lingering market uncertainty.
Traders are wary of the US presidential debate, PCE Price Index release, and GDP estimates, which could sway market sentiment in the coming days.
Geopolitical tensions and political uncertainties globally maintain gold as a safe-haven asset, with upcoming elections in France, the UK, and the US potentially boosting gold prices.
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