18K Gold Tops ₹1 Lakh in Chennai; Gold Up, Silver Down Amid Fed Meet

• Gold prices are rising for the second consecutive day, while silver prices are falling, ahead of the US Federal Reserve's FOMC meeting.
• Chennai recorded the highest 18K gold price at ₹1,00,390 per 10 grams, exceeding ₹1 lakh.
• In Delhi, 24K gold increased by ₹280/10g and 22K gold by ₹250/10g over two days; silver fell by ₹1100/kg.
• Potential US Fed interest rate cuts could boost gold prices as investors shift to safe-haven assets.
• Bullion market trends this week will be influenced by Fed policy, China/US economic data, and the Rupee-Dollar exchange rate.

Why It Matters: Global economic factors are driving gold price volatility, impacting your investment decisions.