Gold Advances as Traders Bet on December Rate Cut, Await US Data

*US SEPT. PCE, PERSONAL INCOME REPORT RESCHEDULED FOR DEC. 5 Economic Release Schedule Updates The following updates to BEA’s post-shutdown economic release schedule are currently available: Gross Domestic Product, 3rd Quarter 2025 (Advance Estimate) is cancelled. These data were originally scheduled for release on Oct. 30. Personal Income and Outlays, September 2025, will be released on Dec. 5 at 10 a.m. These data were originally scheduled for release on Oct. 31. Gross Domestic Product by County and Personal Income by County, 2024, will be rescheduled. These data were originally scheduled for release on Dec. 3. Real Personal Consumption Expenditures by State and Real Personal Income by State and Metropolitan Area, 2024, will be rescheduled. These data were originally scheduled for release on Dec. 11. Outdoor Recreation Satellite Account, U.S. and States, 2024, will be rescheduled. These data were originally planned for release in November 2025.

I just had a very good telephone call with President Xi, of China. We discussed many topics including Ukraine/Russia, Fentanyl, Soybeans and other Farm Products, etc. We have done a good, and very important, deal for our Great Farmers — and it will only get better. Our relationship with China is extremely strong! This call was a follow up to our highly successful meeting in South Korea, three weeks ago. Since then, there has been significant progress on both sides in keeping our agreements current and accurate. Now we can set our sights on the big picture. To that end, President Xi invited me to visit Beijing in April, which I accepted, and I reciprocated where he will be my guest for a State Visit in the U.S. later in the year. We agreed that it is important that we communicate often, which I look forward to doing. Thank you for your attention to this matter! DONALD J. TRUMPPRESIDENT OF THE UNITED STATES OF AMERICA TRUMP: DISCUSSED UKRAINE/RUSSIA, FENTANYL, SOYBEANS AND OTHER FARM PRODUCTS WITH XI TRUMP: WE HAVE DONE A GOOD DEAL FOR OUR GREAT FARMERS Trump: Had a very good call with President Xi. I accepted Xi's April invitation to visit. Xi will visit us later next year - Truth Social