US Fed Pause May Ease Pressure on Indian Gold Buyers
The US Federal Reserve's decision to keep interest rates steady at 3.75%-4.00% may provide relief to Indian gold buyers. However, gold prices are expected to remain range-bound due to anticipation of a rate hike in December. Festive demand in India has increased, reducing domestic gold discounts to about $2 an ounce, while geopolitical uncertainties continue to cause price volatility.
Economic Times·


