
Gold Prices Dip on MCX Ahead of US Federal Reserve Policy Decision Amid Rising Inflation Concerns and Geopolitical Uncertainties
Gold Price Update - March 18
The gold price on the Multi Commodity Exchange (MCX) experienced a decline in early deals on Wednesday, March 18, as investors awaited the US Federal Reserve's monetary policy decision. Geopolitical risks and concerns over a potential spike in inflation limited the downturn in gold prices.
Market Performance
- MCX Gold April Futures: Down 0.21% at ₹1,55,662 per 10 grams as of 9:15 am.
- MCX Silver May Futures: Down 0.76% at ₹2,51,200 per kg at the same time.
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
Investor Takeaway
Monitor gold prices for potential volatility ahead of the US Federal Reserve's policy decision.
More in Economy

Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline

MoSPI Releases Uniform Norms for DDP Estimates with 2022-23 Base Year
