The Economic Times

Gold prices fall Rs 1,400/10 grams, but silver rises Rs 1,025/kg despite easing Fed hike bets. Check key levels to track

Gold and silver prices opened mixed on the MCX, with silver gaining while gold declined. Weak US economic data reduced expectations of a Federal Reserve rate hike in October, supporting precious metals. Spot gold and silver also rose. Analysts expect further gains if key resistance levels are breached, but advise avoiding fresh positions amid geopolitical tensions and US-Iran peace talks.