Gold, Silver Prices to Remain Volatile Amid Fed Decision, Oil Tensions

The upcoming Federal Reserve meeting and other global factors are expected to drive volatility in gold and silver prices next week.

Key drivers include the US Fed's interest rate decision, crude oil movements, the US dollar, and tensions in West Asia.

Jateen Trivedi, VP Research Analyst at LKP Securities, believes that gold will remain highly sensitive to these factors, including Fed commentary, crude oil movements, and inflation expectations.

The domestic market saw a mixed trend last week, with gold futures for October delivery edging up Rs 17 to Rs 1,52,784 per 10 grams on the Multi Commodity Exchange.