Gold, Silver likely to consolidate amid Fed rate-cut uncertainty: Analysts

Precious metallic prices are expected to stay volatile and witnesser further consolidation successful the coming week arsenic investors way cardinal US economical indicators, including ostentation data, GDP readings and signals from the Federal Reserve, analysts said.Traders are besides apt to show US labour marketplace data, the minutes of the Federal Open Market Committee (FOMC) gathering and speeches from Fed officials for clarity connected the timing and gait of imaginable complaint cuts, arsenic per quality bureau PTI.

Volatility to persist connected US GDP, PCE data

Pranav Mer, vice president, EBG – commodity & currency probe astatine JM Financial Services Ltd, said golden and metallic prices whitethorn proceed to witnesser consolidative moves, though volatility is expected to persist.“Gold and metallic prices whitethorn proceed to spot much consolidative moves but volatility volition prevail with absorption connected incoming US information connected GDP and the Personal Consumption Expenditures (PCE) ostentation numbers and Federal Reserve official's commentary,” helium said, arsenic per PTI.On the home front, metallic futures connected the Multi Commodity Exchange (MCX) declined Rs 5,532, oregon 2.2 per cent, implicit the past week, portion golden roseate Rs 444, oregon 0.3 per cent.

Gold corrects sharply successful February

Prathamesh Mallya, DVP – research, non-agri commodities and currencies astatine Angel One, said golden prices person corrected successful February.“Gold prices person fallen successful February 2026, with prices correcting from highs of Rs 1,80,000 per 10 grams to astir Rs 1,53,800 per 10 grams arsenic connected February 13,” helium said, arsenic per PTI.He attributed the weakness to stronger-than-expected US employment data, which has reduced expectations of near-term complaint cuts and weighed connected golden prices successful the past week.“However, the yellowish metal's harmless haven entreaty remains intact connected relationship of geopolitical tensions, and beardown buying up of the Lunar New Year. It's a tug of warfare betwixt bears and bulls this week, and the volatility volition proceed successful the week ahead,” Mallya added.

International trends and marketplace drivers

In the planetary market, Comex golden futures gained $84, oregon 1.7 per cent, during the week, portion metallic edged up marginally to adjacent astatine $77.27 per ounce.Mer said golden prices moved betwixt gains and losses done astir of the trading sessions but managed to extremity the week higher.“Gold prices see-sawed betwixt gains and losses for astir portion of the trading session, but managed to adjacent the week successful affirmative and supra $5,000 per ounce successful the overseas market.“The bullions are passing done a signifier of consolidation amid a deficiency of clarity among traders arsenic they stay divided implicit the terms absorption and look for caller cardinal triggers,” helium said.Analysts noted that cardinal slope buying, safe-haven request amid a crisp sell-off successful planetary exertion and AI stocks, and a softer dollar scale provided enactment to bullion prices.However, mixed carnal request from India and China, profit-booking by ETF investors and beardown US macroeconomic information capped the upside.Mer said metallic besides experienced two-way terms movements during the week.“The achromatic metallic was weighed by corrections successful concern metals and profit-booking aft failing to breach cardinal method resistance. It besides faced unit from the tech-led planetary equity sell-off, which reduced hazard appetite crossed plus classes,” helium added.Analysts said some golden and metallic are apt to stay range-bound successful the adjacent word arsenic investors await clearer signals connected the Federal Reserve’s monetary argumentation trajectory and broader planetary economical trends.