Gold prices rise Rs 700/10 gram; silver gains Rs 1,500/kg ahead of US Fed meet. Key levels to track today

Gold and silver prices rose on the MCX as easing oil prices tempered inflation concerns ahead of the US Federal Reserve’s October 27-28 meeting. Investors will track the Fed’s rate decision, geopolitical developments and the dollar’s movement. Analysts expect volatility, with key support and resistance levels outlined for both precious metals.