Gold price prediction today: What is the gold price outlook in the coming days? US Federal Reserve policy holds key

Gold price prediction today: Gold prices are hovering near recent highs, fueled by expectations of a US Federal Reserve rate cut. Weak US jobs data and dovish Fed commentary have bolstered this sentiment. Investors are keenly awaiting the Fed's policy decision and Chair Jerome Powell's remarks for further direction, with central bank buying and ETF inflows providing support.