Gold, silver prices slide up to 2 pc as US Fed keeps rates unchanged

March 19, 2026 12:15 PM

Gold, silver prices slide up to 2 pc as US Fed keeps rates unchanged

Gold and silver prices witnessed a sharp fall on Thursday following the US Federal Reserve’s latest policy decision announced overnight, even as escalating geopolitical tensions in the Middle East kept bullion in focus. On the Multi Commodity Exchange (MCX), gold futures (April 2) were trading around 1 per cent, or Rs 1,313, lower at Rs 1,51,712, hitting an intraday low at around 10:22 am. Similarly, silver futures (May 5) declined to Rs 2,43,083, down 2 per cent or Rs 5,111. As widely expec...

US Fed cuts rates by 25 bps as unemployment edges up and outlook remains uncertain

December 11, 2025 11:48 AM

US Fed cuts rates by 25 bps as unemployment edges up and outlook remains uncertain

The US Federal Reserve reduced the federal funds rate by 25 basis points (0.25 percentage point), citing rising downside risks to employment and a moderate pace of economic expansion. The decision was announced after the Jerome Powell-led Federal Open Market Committee (FOMC) concluded its meeting on Wednesday. The new target range now stands between 3.5 per cent and 3.75 per cent, down from 3.75 per cent to 4 per cent. In an official statement, the Fed said that available indicators suggest e...