Gold Price Prediction 2026-2030: Crypto + Gold Investment Outlook

The post US PCE Price Index rises 2.8% in September as expected appeared on BitcoinEthereumNews.com. The Personal Consumption Expenditures (PCE) Price Index rose 2.8% on a yearly basis in September, the US Bureau of Economic Analysis (BEA) reported on Friday. This print followed the 2.7% increase recorded in August and came in line with the market expectation. On a monthly basis, the PCE Price Index was up 0.3%, matching analysts’ estimate and the August print. The core PCE Price Index, the Federal Reserve’s (Fed) preferred gauge of inflation, rose 2.8% on a yearly basis, down from 2.9% in August. Market reaction The US Dollar Index showed no immediate reaction to these figures and was last seen posting small daily losses near 99.00. Inflation FAQs Inflation measures the rise in the price of a representative basket of goods and services. Headline inflation is usually expressed as a percentage change on a month-on-month (MoM) and year-on-year (YoY) basis. Core inflation excludes more volatile elements such as food and fuel which can fluctuate because of geopolitical and seasonal factors. Core inflation is the figure economists focus on and is the level targeted by central banks, which are mandated to keep inflation at a manageable level, usually around 2%. The Consumer Price Index (CPI) measures the change in prices of a basket of goods and services over a period of time. It is usually expressed as a percentage change on a month-on-month (MoM) and year-on-year (YoY) basis. Core CPI is the figure targeted by central banks as it excludes volatile food and fuel inputs. When Core CPI rises above 2% it usually results in higher interest rates and vice versa when it falls below 2%. Since higher interest rates are positive for a currency, higher inflation usually results in a stronger currency. The opposite is true when inflation falls. Although it may seem counter-intuitive, high inflation in a country…

The post Gold holds strong at $4,200 as Fed-cut anticipation builds appeared on BitcoinEthereumNews.com. Gold (XAU/USD) advances during the North American session on Friday, poised to finish the week almost flat above the $4,200 figure as market participants brace for the Federal Reserve (Fed) monetary policy meeting next week. At the time of writing, XAU/USD trades at $4,216 after bouncing off daily highs of $4,259. XAU/USD trades flat; markets eye Federal Reserve’s expected rate cut The week ends with the release of the Fed’s preferred inflation gauge, the Core Personal Consumption Expenditures (PCE) Price Index for September, which remained virtually unchanged, slightly closer to the 3% threshold than the Fed’s 2% goal. Although the print would justify a Fed hold, jobs data showing a cooling labor market and dovish comments by Federal Reserve officials suggest that a rate cut is most likely. Recently, the University of Michigan revealed that American consumers grew slightly optimistic regarding the outlook of the economy. Worth noting that inflation expectations dipped, even though there is growing speculation that the impact of tariffs is yet to be felt. On Thursday, a Reuters poll revealed that economists had priced in the December rate cut, a green light for Gold price to extend its rally. As of writing, the CME’s FedWatch tool indicates an 87.2% probability of a 0.25% reduction next week. Daily market movers: Gold firms as US Treasury yields climb The US Dollar Index (DXY), which tracks the American’s currency performance against other six, is virtually unchanged at 98.93. The US 10-year Treasury note yield is up nearly four basis points, up to 4.141%. US real yields, which correlate inversely with Gold prices, are also rising two bps to 1.881%, a headwind for Bullion. The Core Personal Consumption Expenditures (PCE) Price Index — the Federal Reserve’s preferred inflation measure excluding food and energy — rose 0.2% MoM in September, matching…

The post Bitcoin drops below $89K, wiping over $100B from the crypto market appeared on BitcoinEthereumNews.com. Key Takeaways Bitcoin fell below $89,000, causing over $100 billion to be wiped from the crypto market. US PCE inflation data largely matched expectations and indicated stable underlying inflation pressures. Over $100 billion was wiped from the crypto market in the past 24 hours as Bitcoin slipped below $89,000. According to CoinGecko data, the total market capitalization decreased from approximately $3.2 trillion to $3.1 trillion over the same period. Bitcoin was trading near $89,400 at the time of press, down about 3% on the day. The pullback followed the release of the latest US Personal Consumption Expenditures (PCE) report, which largely matched expectations. Headline PCE rose 2.8% year over year, slightly above last month’s 2.7%, while the monthly figure held steady at 0.3%. Core PCE, the Federal Reserve’s preferred inflation gauge, increased 2.8% year over year, just below both forecasts and the prior reading. On a monthly basis, core PCE remained stable at 0.2%, indicating persistent but contained underlying inflation pressures. Source: https://cryptobriefing.com/bitcoin-market-drop-crypto-loss/