Fed Rate Cut: Gold, Silver Prices Up in India; Check Latest Rates

• Gold and silver prices in India increased following the Federal Reserve's 0.25% interest rate cut.
• In Mumbai, 24-carat gold was Rs 1,30,320 per 10 grams, and silver was Rs 1,99,100 per kg.
• MCX gold futures rose 0.45%, while silver futures jumped 2.23%.
• The Fed cited rising downside risks to employment and moderate economic expansion for its rate cut.
• International spot silver rallied 2.80% to a record high of $62.04 per ounce.

Why It Matters: Fed rate cut impacts your gold/silver investments and purchasing power.