New Delhi, July 30 -- Gold and silver prices rebounded in Wednesday's trade, recovering from earlier losses after the U.S. Federal Reserve left benchmark interest rates unchanged, dashing expectations of a rate hike and pushing the dollar and Treasury yields lower.

Comex gold futures jumped $77 or 2% per troy ounce to an intraday high of $4,115, while silver futures rebounded $2 or 3.5% to $59.40 per troy ounce. Both precious metals have fully recovered the losses recorded in the previous session.

The U.S. Federal Reserve left its benchmark interest rate unchanged at 3.50%-3.75%, while its outlook for inflation, unemployment, and economic activity remained largely unchanged from the June meeting.

Three of the 12 policymakers dissented ...