Silver rises Rs 2,700, gold near Rs 1.50 lakh as US Fed holds rate; Iran war uncertainty caps gains. What should you do?

Gold and silver prices edged higher on Thursday, recovering from oversold levels but facing headwinds from persistent inflation concerns and elevated oil prices. The Federal Reserve’s recent decision to hold interest rates, coupled with a divided vote, has shifted market expectations, with traders now ruling out rate cuts this year and anticipating potential hikes by March 2027.