Archive · 15 Sep 2026
Gold, Silver Prices Stay Flat Ahead of Fed Decision
Gold and silver prices changed very little in Mumbai on Tuesday.
Gold was slightly higher, while silver was lower.
Investors were waiting for the US Federal Reserve to announce its monetary policy decision.
A stronger US dollar made bullion less attractive.
Higher US government bond yields also put pressure on prices.
Gold moved between Rs 1,52,424 and Rs 1,53,000 during the day.
Silver traded between Rs 2,31,612 and Rs 2,32,546.
Experts said gold would need to rise above Rs 1,54,000 to show stronger momentum.
They said silver was weaker than gold based on technical measures.
MCX October gold futures were trading at Rs 1,52,570 per 10 grams, up 0.01 per cent.
Gold reached an intraday high of Rs 1,53,000 and a low of Rs 1,52,424.
MCX December silver futures were trading at Rs 2,31,750 per kg, down 0.40 per cent.
A stronger dollar and elevated US Treasury yields weighed on bullion prices before the Fed decision.
Experts said gold and silver momentum remained cautious, with both metals below key technical indicators.
- Who
- Gold and silver traders, commodity experts, and investors awaiting the US Federal Reserve decision.
- What
- Gold prices were nearly flat while silver prices declined on the Multi Commodity Exchange.
- When
- Tuesday, before the US Federal Reserve monetary policy decision.
- Where
- On the Multi Commodity Exchange in Mumbai, India.
- Why
- A stronger US dollar and higher US Treasury yields weighed on bullion prices.
- Gold futures
- October gold was at Rs 1,52,570 per 10 grams, up 0.01 per cent.
- Silver futures
- December silver was at Rs 2,31,750 per kg, down 0.40 per cent.
- Gold intraday range
- Rs 1,52,424 to Rs 1,53,000.
- Silver intraday range
- Rs 2,31,612 to Rs 2,32,546.
- Dollar index
- Rose 0.20 per cent.
- 10-year US Treasury yield
- Briefly crossed 5 per cent, its highest level since October 2023.
- Gold technical levels
- Resistance was identified at Rs 1,54,000-Rs 1,54,700, with support at Rs 1,50,700-Rs 1,50,000.
- Silver technical levels
- Resistance was identified at Rs 2,33,000-Rs 2,34,000, with support at Rs 2,30,000-Rs 2,29,000.