Meanwhile, silver futures for December delivery had bounced to hit a record of Rs 1,70,415 per kilogram. (Photo source: Envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Gold prices are expected to witness some consolidation and mild correction next week as the recent record-breaking rally looks overstretched and physical demand eases after the festive rush, analysts said.

After hitting fresh highs in global and domestic markets, bullion may trade in a narrow range, with investors eyeing the US funding bill, key global data releases, and remarks from Federal Reserve officials ahead of the October 28-29 policy meeting, they added.

"Gold prices are likely to see some corrections/ consolidation as ongoing fundamentals are already priced in and physical demand wanes po

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