In gold prices today, the focus of investors is on the ADP employment data to come from the U.S. and messages that may come from Fed members. Especially the statements from Fed Governor Waller carry importance regarding clues about the interest rate outlook, while employment data that could come in above expectations could create pressure on gold by supporting the dollar index and bond yields. On the European side, statements from central bank officials are also among the topics that could increase volatility in global markets. In addition, the API crude oil stock data to be released in the later hours of the day could create an indirect effect on inflation expectations via energy prices. In this context, with the continuation of volatility depending on the data flow, it is anticipated that the sell-pressured outlook could be maintained.
