Analyst: The market is awaiting key US economic data ahead of the December FOMC meeting, focusing on the delayed release of the September PCE report.

Jinse Finance reported that Cryptoquant analyst Axel Adler Jr released a market analysis stating that gold prices remain around $4,218 per ounce, and the market is awaiting key U.S. economic data ahead of next week's Federal Reserve Federal Open Market Committee (FOMC) meeting. The focus is on the delayed release of the September Personal Consumption Expenditures (PCE) report — the Federal Reserve's preferred inflation indicator. This report is scheduled to be released today and may provide clues about the timing and pace of future monetary easing policies.