Analysts: The market is awaiting key U.S. economic data ahead of next week's FOMC meeting, focusing on the delayed September PCE report.

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Cryptoquant analyst Axel Adler Jr released a market analysis stating that the gold price remains around $4218 per ounce, and the market is awaiting key U.S. economic data before next week's Federal Reserve Federal Open Market Committee (FOMC) meeting. The focus is on the delayed September Personal Consumption Expenditures (PCE) report — a favored inflation indicator by the Federal Reserve. The report is scheduled to be released today and may provide clues about the timing and pace of future monetary easing policies.
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