Gold and Silver Prices Steady Ahead of US Federal Reserve Decision

Gold and silver prices remained steady in India on Tuesday as investors waited for the US Federal Reserve's monetary policy decision.

The cautious movement reflects uncertainty surrounding the Fed's upcoming decision, with investors closely watching signals on US interest rates. Changes in monetary policy can have a direct impact on the dollar, bond yields, and global demand for gold.

October gold futures were trading at Rs 1,52,570 per 10 grams, almost unchanged from the previous session, while December silver futures were down Rs 940, or 0.40 per cent, to Rs 2,31,750 per kg.