Gold prices dip Rs 1,500/10 grams; silver down Rs 1,600/kg ahead of Fed minutes. Key levels to track

Gold and silver prices moved lower ahead of the release of the Federal Reserve minutes, with both precious metals recording notable declines.

Gold and silver record declines

Gold prices fell by Rs 1,500 per 10 grams. Silver prices declined by Rs 1,600 per kilogram.

The moves came as markets awaited the Federal Reserve minutes. The available information does not provide the specific price levels reached by either metal or further details on the market reaction.

Key levels remain in focus

With the minutes pending, gold and silver prices remain the key areas to monitor. Any further assessment would depend on the details contained in the Federal Reserve record, which are not provided here.

For now, the main development is the decline in both precious metals before the Fed minutes.