Gold Prices to Remain Firm Amid Fed Rate Cut Hopes; Silver May Consolidate

• Gold prices are expected to stay firm next week due to safe-haven demand and anticipated US Federal Reserve policy easing.
• Silver, after a sharp rally, may enter a consolidation phase, though its long-term outlook remains positive.
• Key economic data, including US PCE index, GDP, PMI, and jobless claims, will influence market sentiment.
• MCX gold futures hit a record high of Rs 1,43,590 per 10 grams, while Comex gold reached USD 4,650.50 per ounce.
• Geopolitical tensions, a weaker dollar, lower treasury yields, and central bank buying continue to support gold.

Why It Matters: Gold prices are set to remain strong on Fed rate cut hopes and safe-haven demand; silver may cool after rally.