Silver and gold ETFs fell nearly 4% on Wednesday, tracking a mild decline in MCX prices as investors turned cautious ahead of the U.S. Federal Reserve’s policy decision. Uncertainty around the Middle East conflict and interest rate outlook weighed on sentiment. The near-term trajectory for gold will depend on the Fed’s guidance on rate cuts versus a prolonged pause.
Gold heads for weekly loss amid oil-driven inflation concerns
Gold prices held steady Friday, but a weekly dip was likely as soaring oil prices fueled inflation concerns, impacting interest rate expectations. Meanwhile, geopolitical tensions