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Gold Edges Lower; U.S. PCE Data Eyed
Thursday, 28 August 2025 07:32 WIB | GOLD |GOLD

Gold edges lower in early Asian trade as investors continue to weigh the impact of a legal battle between Trump and Fed governor Lisa Cook.

However, gold demand in Asia remains robust, with China's July net imports via Hong Kong more than doubling from June, Traze.com analyst Osama Al Saifi notes.

Investors will pay attention to U.S. PCE data due Friday. The data could shape expectations after Powell's dovish tone at Jackson Hole, Al Saifi adds. Spot gold is 0.1% lower at $3,396.56/oz.

Source: Bloomberg

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