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Gold and Silver Trade Firmly Ahead of US Federal Reserve’s Interest Rate Decision

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Mumbai, April 29 (IANS) Gold and silver traded on a firm note on Wednesday ahead of the US Federal Reserve’s interest rate decision, with both precious metals trading in a narrow range.On the Multi Commodity Exchange (MCX), gold contracts for June 5 opened at Rs 1,50,720 per 10 grams, up Rs 693 or 0.46 per cent from the previous close of Rs 1,50,027. However, the yellow metal pared gains and was trading marginally lower by Rs 56 or 0.04 per cent to Rs 1,49,971 at 11:30 am. So far in the sessio…