Gold Prices Break 2-Day Falling Streak – Gold Silver Reports

Gold Silver Reports (GSR) – Gold prices on Thursday rose by Rs. 150 to Rs. 32,870 per 10 grams on fresh buying from jewellers, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association. Silver also gained Rs. 295 to Rs. 38,520 per kg on more offtake by industrial units and coin makers.

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Gold Prices Surge Today, Silver Rates Also Rise: FOMC In Focus

Fed Meeting press conference quotes

The two-day FOMC meeting begins Tuesday morning and ends Wednesday afternoon with a statement. The FOMC is expected to slightly raise U.S. interest rates at this meeting. Fed Chairman Jerome Powell will also hold a press conference after the meeting. As usual, the marketplace will parse the Fed’s wording for clues on the pace of future Fed rate hikes and the Fed’s inflation expectations.

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