Gold, Silver Rate Today Live Updates: Bullion slips as Fed decision, stronger dollar keep traders cautious

Gold prices remained under pressure as investors adopted a cautious stance ahead of the US Federal Reserve’s policy decision, while a stronger US dollar reduced the appeal of the precious metal.

Domestic bullion prices also declined sharply, mirroring weak global cues and benefiting from a firmer rupee, which lowered the cost of imports. Markets largely anticipated the Fed would leave interest rates unchanged, although expectations of a possible rate hike in the coming months kept traders on edge. Meanwhile, geopolitical developments involving Iran, the US and the Strait of Hormuz remained closely watched, adding uncertainty to financial markets.

Alongside gold, silver also witnessed a notable decline, reflecting subdued investor sentiment across the broader precious metals segment.

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