Gold prices fluctuate as U.S. economic data impacts market sentiment.

The gold market is showing a modest gain to end a three-week losing streak, with bullish sentiment in the marketplace suggesting prices could reach $2,000 an ounce by next week. Both Wall Street analysts and Main Street investors are solidly bullish on gold in the near term, despite some selling pressure after the US Labor Department released robust employment data. While prices are expected to rise next week, analysts aren't expecting to see a major break to new all-time highs. The main driver for gold remains the Federal Reserve's monetary policy stance, with expectations that it is looking to pause its aggressive hiking stance when it meets in two weeks.