[SPI Asset Management: U.S. Economic Data May Influence Gold Trends] Stephen Innes, Managing Partner at SPI Asset Management, stated that after the U.S. government resumes operations, a batch of important backlogged economic data will be released, including employment and inflation indicators. The market expects this data may weaken, thereby lowering U.S. Treasury yields and reigniting expectations for interest rate cuts in early 2026. This could provide a rebound opportunity for gold, which had previously been affected by rising real yields. He believes the recent pullback in gold prices is more of a position adjustment rather than a trend change, and the outlook for gold remains relatively positive. Investors will focus on U.S. real yields, the movement of the dollar, and the upcoming data.