US PCE Inflation Data

Gold and silver remain under pressure as elevated oil prices revive concerns over sticky inflation and higher interest-rate expectations. Technical traders are watching $3,950 in gold and the $49-$50 zone in silver as pivotal support areas before the Fed decision and US PCE data.

Bitcoin has regained relative strength against gold as ETF demand helps offset pressure from elevated borrowing costs. Traders are watching $82,300 support, the Bitcoin to gold ratio near key resistance, and upcoming US inflation and jobs data.