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Sign InGold prices (XAU/USD) rebounded on Friday morning following a week of sharp volatility, primarily supported by robust demand from Asian markets. This recovery follows a period of intense pressure where the US Dollar’s strength and its approach toward the critical 100 level dominated market sentiment. Investors are now laser-focused on today's US Personal Consumption Expenditures (PCE) report, viewed as a make-or-break catalyst for gold's next directional move. Adding to the long-term narrative, Singapore and Hong Kong have unveiled distinct strategic plans to strengthen their positions as global gold trading hubs. The interplay between Asian institutional demand and US inflation data remains the primary driver for gold as it attempts to stabilize. Market participants are closely monitoring whether this morning's momentum can withstand the potential volatility triggered by the upcoming macro data.