Gold price prediction today: Where are gold rates headed - Is gold price set to fall further? Heres the latest gold price outlook

Gold price prediction turns volatile again as spot gold slips to $4,080 after last weeks sharp jump to $4,245. Fed pushback crushed December rate-cut hopes, pulling the probability down to 41%. Strong US data, weak China numbers, a firmer Dollar Index at 99.45, and mixed Treasury yields add pressure. But ETF holdings near 97.39 Moz, shrinking COMEX stocks, and rising China-Japan tensions are supporting dips. Gold price now trades in a tight $4,000$4,160 band as markets wait for major US data that could quickly swing momentum.