New Delhi, Dec. 9 -- The two-day policy meeting of the US Federal Reserve commences later today, December 9, and concludes on Wednesday, December, with a decision on interest rates and a speech by Chair Jerome Powell set for Wednesday. The outcome is anticipated to provide insights into the central bank's position as it approaches 2026.

According to analysts, gold and silver saw slight profit-taking as traders waited for the FOMC meeting, and investor sentiment dimmed following news that the US Producer Price Index (PPI) data for October and November, which was supposed to be released this week, will now be published in January, creating uncertainty regarding inflation and the Fed's forthcoming actions.

According to reports, markets lar...