Gold futures climb to Rs 1.50 lakh per 10g as Fed decision looms

Investors go cautious before the Fed signals rates

Gold futures inched higher to about Rs 1.50 lakh per 10 grams as traders grew cautious ahead of the US Federal Reserve’s upcoming policy decision. The move suggests investors are positioning themselves for potential changes in global interest rate expectations, which often influence demand for bullion and the strength of the dollar.