GENERAL15 Sept 2026
Gold, silver trade in a range on MCX amid a rise in US dollar, bond yields ahead of US Fed policy outcome | Stock Market News
Gold and silver traded flat on the Multi Commodity Exchange (MCX) on Tuesday, as a stronger US dollar and higher bond yields kept buyers cautious before the US Federal Reserve's policy decision. MCX gold October futures rose 0.15% to ₹1,51,450 per 10 grams, while silver December futures fell 0.09% to ₹2,32,480 per kg. If you hold gold or silver, wait for the Fed outcome before buying more.
Key Statutory Highlights
- MCX gold October futures were 0.15% up at ₹1,51,450 per 10 grams, while MCX silver December futures were 0.09% down at ₹2,32,480 per kg.
- The dollar index climbed 0.20% and 10-year bond yields topped 5% for the first time since October 2023, eroding gold's safe-haven appeal.
- Most experts believe the US Federal Reserve will lift its benchmark rate by 25 basis points to the 3.75%-4.00% range, with the decision due at 11:30 PM IST on Wednesday.
Actionable Advice for Taxpayers / Founders:Hold off on fresh gold and silver trades until the US Fed policy outcome is known. If you are a long-term investor, one analyst suggests you could accumulate in a staggered way during this fall, but treat that as a view, not a sure thing.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
Share: