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Gold edges up and silver rebounds on Fed wait and Iran risk pushing volatile bullion trade
Economy
Published on 29 April 2026
Fed expectations are capping bullion gains—will it flip
Gold and silver inched higher on MCX as traders weighed the upcoming US Federal Reserve policy decision and uncertainty from Iran-related tensions. Elevated oil prices keep inflation fears alive, supporting bullion, but rising rate expectations are limiting upside. Analysts warn that swings may continue, suggesting caution before adding fresh positions in precious metals.
- Gold and silver rise slightly on MCX amid Fed event jitters
- Iran-related uncertainty keeps risk premium supported for bullion
- Oil-driven inflation worries help gold, but rate expectations cap gains
- Analysts flag likely volatility and urge caution on new trades
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times