Gold eases on MCX ahead of US Fed meeting minutes
Gold and silver opened lower on the Multi Commodity Exchange on Wednesday as investors awaited minutes of the US Federal Reserve's September meeting for cues on further rate increases. Gold futures for December 2026 delivery fell Rs 615 to Rs 1,49,505 per 10 grams, while silver futures rose Rs 1,600 to Rs 2,25,651 per kg. Globally, spot gold slipped 0.3% to $4,150.23 an ounce and spot silver about 1% to $61.12. Traders price an 85% chance of a December hike.