Gold rebounds at the end of the week after the release of US PCE inflation data comes out lower than expected.  The data suggests a continuation of the Fed's monetary easing stance which is a positive factor for Gold.  Gold price retreats as less dovish interest rate prospects and a stronger US Dollar are bearish.  Gold (XAU/USD) recovers to trade in the $2.660s per troy ounce on Friday after the release of US PCE inflation data fails to meet expectations. The disinflationary trend suggests the Federal Reserve (Fed) will continue to cut interest rates at a steady pace which is positive for Gold as a non-interest paying asset.  US Core Personal Consumption Expenditures (PCE) showed a 0.1% rise MoM in August, falling short of the 0.2% expected and the 0.2% reading in July, according to data from the US Bureau of Economic Analysis on Friday.  On an anualized basis Core PCE rose by 2.7% which was above the 2.6% in July and in line with estimates.  Headline PCE rose 0.1% MoM, which was below the 0.2% previous but in line with estimates. YoY headline PCE rose 2.2% which was lower than the 2.5% previous and 2.3% expected.  Gold had been edging lower prior to the data as the impact of Chinese government stimulus started to ebb and central banks globally seemed to be adopting a less dovish stance.