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Commodity News Details
Gold moves sideways ahead of Fed outcome
10-Dec-2025 14:32
COMEX Gold futures traded in a tight sideways range as traders remained cautious ahead of the Federal Reserve's anticipated third consecutive rate cut, which is expected to lower the policy rate to 3.5%-3.75%. Markets are closely watching the Fed's guidance, as any shift in tone could shape bullion's near-term direction. Central-bank interest in gold stays strong, with China extending its buying streak for the 13th straight month and raising its reserves to 74.12 million troy ounces, adding steady support to long-term sentiment. On the domestic front, MCX February futures held near Rs 130000 per 10 grams, keeping price action confined within a narrow range.

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