Gold Prices Unchanged in Delhi Amid Cautious Investor Sentiment

Gold prices in Delhi remained steady on Wednesday at ₹1.47 lakh per 10 grams, while silver rebounded by ₹500 to ₹2.25 lakh per kilogram after witnessing a sharp decline in the previous trading session.

The All India Sarafa Association reported that gold of 99.9% purity was unchanged from its previous level, maintaining stability in the market.

Market participants attributed the lack of significant movement in bullion prices to cautious investor sentiment ahead of the US Federal Reserve's monetary policy announcement.

The stronger Indian rupee restricted gains in the domestic bullion market, reducing the cost of imported precious metals and limiting upward movement in gold prices despite steady international demand.