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Analyst: Gold Prices Next Week Will Be Highly Dependent on Data, Beware of a Sharp Decline Risk

Analyst: Gold Prices Next Week Will Be Highly Dependent on Data, Beware of a Sharp Decline Risk

金十金十2026/06/20 02:28
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```htmlGolden Ten Data reported on June 20 that market analysts expect gold to remain volatile next week, as investors await the release of the US Core Personal Consumption Expenditure (Core PCE) Price Index to seek clues on the Federal Reserve’s rate path. Stephen Innes, Managing Partner at SPI Asset Management, stated: "As the Federal Reserve currently appears more adaptive and increasingly sensitive to upcoming inflation data, every important economic data release will have an impact, but Core PCE will be the key event for the gold and rates markets. Next week will be highly data-dependent." Innes also said that if the inflation reading is stronger than expected, it could boost the US dollar, raise yields, and increase the risk of gold prices testing the $4,000 per ounce threshold. Gold investors should prepare for heightened volatility and beware of the possibility of further sell-offs.```
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