New Delhi, Dec. 9 -- Gold prices in India remained steady on Tuesday, December 09, as traders stayed cautious ahead of the Federal Reserve's concluding interest-rate decision for 2025.

The February futures contract on MCX opened the day higher at Rs.1,30,045 per 10 grams, compared to the previous close of Rs.1,29,101, but it touched an intraday low of Rs.1,29,101.

By 8:00 PM IST, MCX gold was trading at Rs.62, or 0.05% lower, at Rs.1,29,900 per 10 grams. In the international market, spot gold traded flat at $4,193 per ounce.

"Markets remain focused on this week's Federal Reserve policy, where a 0.25% rate cut is already priced in, but the statement, forward guidance, and economic outlook will drive fresh momentum. With Powell nearing t...