Gold Price Prediction: Gold prices are likely to witness heightened volatility in the coming week as investors track developments around the US government funding bill, labour market data, and commentary from Federal Reserve officials, analysts said. The release of the Federal Open Market Committee (FOMC) meeting minutes on Thursday will also play a key role in shaping bullion market sentiment.
“The week ahead is relatively light on data, but volatility is expected to remain high with frequency to profit-booking likely to increase, followed by renewed buying as well. In the week ahead the focus will remain on voting for the US government funding bill, while on the data front it will be the labour market data, if released. Federal Reserve official commentary will be closely watched with F