Gold price prediction today: Gold prices are likely to continue rising ahead of Diwali, says Maneesh Sharma, AVP - Commodities & Currencies, Anand Rathi Shares and Stock Brokers. He shares his views and recommendations for gold investors: Gold continued to surge to new record heights crossing $4,000 per ounce in Comex markets as investors sought safety amid the US government shutdown, economic uncertainty, and expectations of further Fed rate cuts. Investors fearful of missing out on the rally also pile into the precious metal complex sparking a “FOMO” based rally in gold. The shutdown concerns in the US, which could trigger mass federal layoffs, has also raised concerns about a drag on US growth, boosting demand for safe-haven assets. Gold has jumped nearly 50% since the start of t

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