Gold Futures Rebound Ahead of Fed Verdict; Silver Futures Rise on Renewed Buying

New Delhi, October 29: Gold futures rebounded in afternoon trade on Wednesday as the market awaits the outcome of the US Federal Reserve’s monetary policy decision. The rebound has allowed investors to recover from the early losses they have had in recent sessions. As gold futures rose, silver futures also gained momentum, mainly as the market witnessed renewed buying interest.

Market Snapshot

As of October 29, 2025, 02:12 p.m., gold for December 5, 2025, expiry on the Multi Commodity Exchange (MCX) was trading at Rs 1,21,000.00 per 10 grams, an increase of 1.13% or Rs 1,354.00, as compared to the previous close of Rs 1,19,646.

Silver futures also displayed strong positive momentum, with the December 5, 2025, contract trading at ₹1,47,285.00 per kilogram, up 2.04% or ₹2,943.00. During the session, gold recorded an intraday low of ₹1,19,351 and a high of ₹1,21,090.00, while silver traded within a range of ₹1,44,618.00 to ₹1,47,547.00 so far.

Broader Context

The rebound in both precious metals comes as global investors remain cautious ahead of the Federal Reserve’s policy announcement, which could offer cues on the future trajectory of interest rates and global liquidity conditions.

REF:https://www.mcxindia.com/en/market-data/get-quote/FUTCOM/GOLD/

https://www.mcxindia.com/en/market-data/get-quote/FUTCOM/SILVER/

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