On Wednesday, gold prices remained essentially unchanged as the market anticipated key inflation data from the USA, which could impact widespread expectations for interest rate cuts and provide more clues for the outlook in 2025. Analyst Rhona O'Connell from StoneX stated that the market is focused on the upcoming inflation data and will pay attention to Chairman Powell's comments post-meeting next week for further policy insights. O'Connell added that gold prices had once stagnated but are now showing signs of recovery, with the recent rebound driven by geopolitical risks; gold prices reached the upper limit of the Range but did not break through the high point. Kyle Rodda, a financial market analyst at Capital.com, said, "The expected data is almost a green light for the Fed to cut interest rates next week, which could act as a catalyst for gold prices." Goldman Sachs noted that the main downside risk for gold being predicted at $3,000 per ounce by the end of 2025 is a reduction in Fed rate cuts rather than a stronger dollar. Goldman Sachs expects, "If the Fed cuts interest rates once more, gold could rise to $2,890 per ounce."