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Gold prices rose slightly on Tuesday, buoyed by a pause in the rally of US Treasury yields and a weaker dollar. Investors are now anticipating the release of the Federal Reserve's September meeting minutes for insights into future monetary policy.
August PCE inflation rose 0.3% month-on-month and 3.4% year-on-year, below expectations. Core PCE rose 0.2% monthly and 3.3% annually, also cooler than predicted. Second-quarter GDP was revised up to a 2.2% annualized rate, while September private sector jobs added by ADP surged to 90,000, exceeding forecasts.