Gold price tomorrow forecast edges toward $2
Gold price tomorrow forecast edges toward $2,331 as 10-year Treasury yield movement continues to be the key inverse driver; softer yields could fuel upside momentum. Shutdown Jitters and Fed OutlookInvestors are bracing for a potential U.S. government shutdown starting Wednesday if Congress fails to pass a funding bill. A prolonged closure could delay key economic data, including Friday’s payrolls report, complicating the Fed's policy outlook ahead of its October meeting. Markets currently price in about 40 basis points of easing by year-end, with a 90% probability of an October cut. Gold price tomorrow forecast reflects a slow grind higher as COMEX open interest rises, often a precursor to larger directional moves in precious metals. Spot market liquidity trends imply gold price tomorrow forecast will hinge on New York session energy, with hedge funds recalibrating positions post-jobs data.
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