Investors continue to await the release of the US personal consumption expenditures (PCE) report on Friday. (PCE) on Friday. This data is key in terms of from the point of view of the US Federal Reserve's assessment of the inflation rate. If publication triggers a rise in expectations of a rate hike by the US Federal Reserve, it could give an impetus to the growth of the dollar and put additional pressure on the quotations of the gold. Meanwhile, the price of the precious metal continued to decline and reached the lower boundary of the local range of $2880-2955. After the completion of correction is likely to retest the achieved minimum.