Gold price prediction today: Where is gold rate headed in the near-term & why are prices stuck in a range? Here’s the outlook

Gold price prediction today: Gold prices are fluctuating within a range as strong US PPI data tempers expectations of aggressive Federal Reserve rate cuts. Indian gold demand saw a slight uptick due to price pullbacks ahead of the festive season. Investors are awaiting insights from Fed Chair Powell's speech at the Jackson Hole symposium for cues on future rate adjustments.