Gold prices remain stable at their prior levels. One of the key points significant for trading decisions is the behavior of market participants around the $2500 mark. From a fundamental viewpoint, traders and investors are now focused on Personal Consumption Expenditures (PCE) data in the US, which is the Fed's preferred inflation indicator, and due for publication on Friday.
Oil price growth was interrupted by a decrease of more than 2% on Tuesday, after a three-day increase of 7%. Quotations have dropped to the middle of the local range, located between the marks of $72 and $78. It will be more justified from a risk perspective to make trading decisions as the price approaches one of the boundaries. Also, expected later on Wednesday are the weekly US oil inventory data, the publication of which could influence the volatility of the instrument.