Gold price ticks lower following the overnight solid bounce from the $3,245 area or a one-week low. However, the near-term bias appears tilted in favor of bullish traders. A federal appeals court temporarily reinstated Trump’s tariffs, trigging a turnaround in the risk sentiment. Apart from this, US fiscal concerns, geopolitical risks, Fed rate cut bets, and a weaker USD should act as a tailwind for the XAU/USD ahead of the US PCE Price Index. Source: https://www.fxstreet.com/news/japan-tokyo-consumer-price-index-yoy-dipped-from-previous-35-to-34-in-may-202505292330