Neutral impactCommodity
Gold At Rs 1.43 Lakh, Silver At Rs 1.94 Lakh: Three Ways How The Fed Rate Decision Could Move Them
NDTV Profit 2 hrs ago·28 Oct 2026, 4:32 pm
Gold and silver prices have surged to record highs, with gold crossing Rs 1.43 lakh and silver hitting Rs 1.94 lakh per kg. This rally is largely driven by expectations that the US Federal Reserve may cut interest rates sooner than anticipated, which typically boosts the appeal of non-yielding precious metals. Investors are closely watching the Fed's upcoming decision to see if it will signal a dovish shift, as this could further fuel the rally.
For Indian households, the timing of these price movements is crucial, especially with Dhanteras just around the corner. A sharp rise in prices over the next 48 hours could increase the cost of buying jewelry for the festive season. Investors should monitor the Fed's statement and subsequent commentary for clues on future monetary policy, as these will be key drivers for precious metal prices in the coming days.
Key takeaways
- Category: Commodity.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
