Gold Prices Today Extend Gains Ahead of Fed Policy Decision

New Delhi: Gold and silver edged higher on Wednesday as equities took a breather across the world. Equities and bullion usually have an inverse relationship. An unchecked rise in coronavirus cases also kept inventors in search of safe havens.

Total number of Covid-19 patients in India reached over 2.7 lakh while fatalities climbed to 7,600 levels. Meanwhile, the US Fed is also likely to announce its policy decision later in the day. Gold futures were up 0.12 per cent or Rs 56 at Rs 46,650 per 10 grams. Silver futures added 0.13 per cent or Rs 61 to Rs 48,160 per kg…

View entirety: Economic Times