29 Oct 2025 | 3 Mins Read

Gold prices surge as US Fed policy and Israel-Gaza war escalate

Flipitmoney

Gold and silver prices on the Multi Commodity Exchange of India (MCX) traded higher on Wednesday, ahead of the US Federal Reserve meeting outcome. MCX gold rose 0.34% to ₹1,20,047 per 10 grams, while silver increased 0.69% to ₹1,45,331 per kg. Global gold prices rose 0.2% to $3,957.42 per ounce, anticipating a US Fed rate cut.