This is the first full data-verification week since the Fed's rate decision, and today (Friday, October 30) marks the final battle of this verification round, with the PCE price index—the Fed's most-watched inflation gauge—about to be released. Combined with month-end institutional repositioning and ETF rebalancing flows, the probability of a directional choice in spot gold and silver prices during the session has risen significantly. This article outlines today's key market themes and practical responses across four dimensions: data logic, scenario analysis, fund flows, and technicals.
Today's Core Market Variable: Why PCE Is the Finale
As we have repeatedly stressed in previous articles on this site: after the rate meeting concluded, the market's main conflict has shifted from
