Gold falls ₹492 and silver slips ahead of Fed decision
In short
Gold futures on MCX fell on Tuesday before the US Federal Reserve’s policy decision. December gold dropped to ₹1,42,806 per 10 grams, and silver fell to ₹1,94,700 per kg.
This matters because traders are waiting for the Fed’s move, which can affect bullion prices. The reporting does not say what the Fed will decide.
What the reporting says
MCX December gold futures fell to ₹1,42,806 per 10 grams and silver to ₹1,94,700 per kg on Tuesday ahead of the US Federal Reserve's policy decision. The publisher-supplied summary says gold dropped ₹492 and silver slipped ₹2,004, but it does not state the exact reason beyond the awaited Fed meeting. The immediate consequence is weaker bullion prices before the policy announcement.
Why it matters
MCX December gold futures fell to ₹1,42,806 per 10 grams and silver to ₹1,94,700 per kg on Tuesday, according to the publisher-supplied summary. The slide came as investors awaited the US Federal Reserve’s policy decision. The available reporting links the move to that event, but it does not say what the Fed will do or how long the price weakness may last.