New Delhi, June 26 -- Gold prices are likely to remain under pressure over the next month amid global macroeconomic factors, while volatility is expected to persist as investors closely monitor the US Federal Reserve's policy trajectory, inflation trends, the US dollar and geopolitical developments, according to market analysts.

"Spot gold has managed to recover from its recent seven-month low after a sharp fall earlier this week, but the overall trend remains weak. Recent US inflation data largely matched expectations and provided some temporary support as US bond yields eased," Riteshkumar Sahu, Senior Manager-Commodities Research at Kotak Neo, told ANI on Friday.

He further added that renewed strength in the US dollar, strong US jobs...