1429 ET – After posting a big slide yesterday, gold shares and futures alike attempted to work their way back up in pre-weekend trading—with today’s June PCE reading landing where market’s had expected it and diminishing the need for a risk-mitigating hedge. “Gold continued to rally, supported by the interest-rate-friendly softer data in the U.S.,” says Finlay Denny of Marex in a note. SPDR Gold shares are trading 0.9% higher, this after dropping nearly 2% yesterday.