Gold, Silver Rate Today Live Updates: Gold prices declined Rs 646 to Rs 1,43,492 per 10 grams in futures trade - The Times of India

AI desk brief

Gold was under modest pressure as oil jumped more than 1% on Saudi refinery attack headlines, reviving inflation concerns and reinforcing expectations the Fed could keep rates restrictive; spot gold fell 0.3% to $4,044.54/oz and December futures eased 0.4% to $4,057.30. Silver dropped 1.2% to $53.71/oz, palladium fell 0.7% to $1,019.03, while platinum edged up 0.2% to $1,542.80/oz.

Reuters poll cuts to 2026 precious-metals forecasts were tied to weaker demand, elevated US Treasury yields and a strong dollar, though respondents still expect a rebound in 2027. Markets are focused on the Fed decision, Chair Kevin Warsh’s comments and Thursday’s PCE data, with higher rates increasing the opportunity cost of holding gold.