US core PCE fell short of expectations in September, hitting a three-month low.

According to Odaily Planet Daily, the US core PCE price index unexpectedly fell to 2.8% year-on-year in September, a three-month low, while the market expected it to record 2.9% for the third consecutive month. Following the release of the US PCE data, spot gold saw little short-term fluctuation, currently trading at $4242.46 per ounce. (Golden Ten)