Uncertainties Gold (XAU) prices are inching lower on Monday, reflecting cautious investor sentiment influenced by imminent U.S. economic and political events. In thegold market the SPDR Gold Trust, the globe’s leading gold-backed ETF, recorded its lowest holdings since January 2020, signaling reduced investment interest amidst these uncertainties. Short-Term Forecast: Market Tensions Ahead Investors are eagerly awaiting the release of the personal consumption expenditures (PCE) price index, the Fed’s chosen inflation metric.