New Delhi, Oct. 29 -- The Federal Open Market Committee (FOMC) kept the target range for the federal funds rate unchanged at 3.75%-4% on October 28, after a 25-basis-point rate hike in September.

The US Fed's decision could influence gold prices in India, as gold is a non-interest-bearing asset and tends to face pressure when interest rates, the US dollar, and bond yields rise.

What does the Fed's interest rate decision mean for gold prices in India? What is the outlook for the coming months, and how should investors and jewellery buyers approach gold purchases this festive season? Here is what experts suggest.

Souvik Biswas, Head of Research at Bajaj Capital, said the Fed's decision to keep rates unchanged was generally expected. Infl...