Gold, Silver Futures Retreat from Record Highs on Winning Booking If Fed Rate Decision appears

Gold, Silver Futures Retreat from Record Highs on Winning Booking If Fed Rate Decision appears

Gold and silver prices have been demolished from their record highs in the Futures -Trade on Wednesday, while traders made a profit at raised levels and both precious metals dragged to a negative area prior to the sharp expected American Federal Reserve Policy outcome.

On the Multi Commodity Exchange (MCX), Gold Futures decreased for the delivery of October £ 259 or 0.24 percent to £ 1.09.897 per 10 grams, while investors cut their positions after the yellow metal ran a lifetime of £ 1,10.666 per 10 gram on Tuesday.

Likewise, the December contract for Goudfutures £ 232 or 0.21 percent fell to £ 1.10,953 per 10 grams after scaling a record peak of £ 1.11.703 per 10 grams in the previous session.

Silver also withdrew from his peak, with profitable roads on sentiment.

The White Metal Futures for the delivery of December fell £ 1,267 or almost 1 percent to £ 1,27.553 per kilogram. The contract of March next year for Silver Futures also fell £ 1,169 or 0.9 percent to £ 1,29.160 per kg on the MCX.

“After achieving record highs on the domestic market, investors made a profit at higher levels, which weighed on sentiment, so that both metals were traded in the red while traders became careful for the American Federal Reserve meeting,” said Rahul Kalantri, vice-president of rawness Ltd.

He added that the Dollar Index and the US 10-year-old Treasury yields have been slipped in the midst of strength in the euro and expectations of multiple FED rate reductions, in support of the prizes for no-noise. However, a solid rupid has closed the benefit on the domestic markets.

In the international markets, gold and silver futures witnessed a withdrawal after touching lifelong highlights, in which traders remained careful for the policy decision of the FED.

Gold futures for the delivery of December were noted of 0.19 percent lower at $ 3,718.10 per ounce after scaling a new peak of $ 3,739.90 per ounce on Tuesday.

Silver futures fell 1.20 percent to $ 42.40 per ounce. In the previous session it had reached a 14-year-old height of $ 43.43 per ounce.

Manav modes, research analyst -Precious Metal, Motilal Oswal Financial Services, said: “Investors will keep a close eye on the policy meeting of the Federal Reserve that are planned later tonight, where a long -awaited rate reduction of 25 basic points can be announced.

In the meantime, the US and China meeting show some optimism with regard to possible first steps taken in the direction of the trade agreement between the two major economies. Together with the FED meeting, the Bank of England and the policy meeting of the Bank of Japan will also be under the radar for investors this week, Modi added.

Published on September 17, 2025

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