New Delhi, June 17 -- Precious metals traded largely steady on Wednesday, 17 June, as traders refrained from making aggressive bets ahead of the US Federal Reserve's interest-rate decision.

Investors were also closely monitoring developments in the Middle East, where the US and Iran are preparing to sign an interim peace agreement that could ease global inflationary pressures stemming from the conflict.

After remaining largely unchanged in the previous session following a strong two-day rally, Comex gold futures edged up $9.3 per troy ounce to touch an intraday high of $4,369. Silver futures also gained $0.43 per ounce, holding above the $70 mark.

The US Federal Reserve is set to announce its policy decision under new chairman Kevin Wa...