Gold Prices Flat in Delhi, Silver Recovers Amid Fed Decision Anticipation
Gold prices in Delhi remained steady at Rs 1.47 lakh per 10 grams on Wednesday, while silver recovered by Rs 500 to Rs 2.25 lakh per kg.
The All India Sarafa Association reported that the price of gold remained unchanged at Rs 1,47,000 per 10 grams.
However, silver rebounded after witnessing a sharp correction in the previous session, said traders.
A stronger Indian rupee added pressure on domestic precious metal prices, according to Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities.