Gold and silver prices traded in a narrow range on Wednesday, reflecting heightened caution among investors ahead of the US Federal Reserve's monetary policy decision.
The mixed session on India's Multi Commodity Exchange (MCX) underscores the market's wait-and-see stance as participants digest conflicting signals from recent economic data.
The precious metals complex has struggled to find a clear directional bias in recent sessions.
Earlier this week, prices faced pressure from weak global market cues and growing concerns over persistent inflation.
The current consolidation phase suggests that traders are reluctant to position heavily until the Fed clarifies its stance on interest rates.
Market participants are closely monitoring key technical levels for both gold and silver.