Gold Rate Today: Yellow metal looks for cues ahead of Fed FOMC. What should traders do?

Gold futures on the MCX have lost 2.43% or Rs 1,523 per 10 grams on a month-to-date basis. They are up by 11.09% or Rs 6,100 on a year-to-date basis as of Monday, December 11. Meanwhile, silver futures have declined nearly Rs 5,651 or 7.29% in value terms in December while gaining 3.53% or Rs 2,451 on a YTD basis.

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