Gold, Silver Rate Today Highlights: Gold, silver prices hold steady amid US-Iran impasse, US Federal Reserve meet this week

Gold, Silver Rate Today Highlights: Gold and silver prices are currently in a volatile phase, with prices being majorly driven by geopolitical developments around the US-Iran war and its consequences on crude oil prices, inflation, and US Federal Reserve’s subsequent stance on rate cuts.Analysts are of the view that gold and silver could come under some pressure in the holiday-shortened week ahead, as market participants keep a close watch on developments in US-Iran peace negotiations, movements in crude oil prices, and the upcoming monetary policy decision from the US Federal Reserve.Domestic commodity exchanges will remain shut on Friday in observance of Maharashtra Day, though MCX will be open for the evening session.Track TOI’s live coverage on MCX Gold, MCX Silver, physical gold and silver and ETF prices: