Gold futures extend losses for 4th day ahead of Fed rate decision
New Delhi, Oct 29, (PTI) Gold futures slipped Rs 176 to Rs 1,19,470 per 10 grams on Wednesday, as investors remained cautious ahead of the US Federal Reserve’s monetary policy decision later in the day. Extending the losses for the fourth straight session, gold futures for December delivery fell by Rs 176, or 0.15 per cent, to Rs 1,19,470 per 10 grams, in a business turnover of 13,116 lots on the Multi Commodity Exchange (MCX). However, silver futures staged a rebound on value buying. The white metal for December delivery rose by Rs 451, or 0.31 per cent, to Rs