Gold price today: Gold rate declined on the MCX in early deals on Wednesday, March 18, ahead of the US Federal Reserve’s monetary policy decision, while geopolitical risks and concerns over a spike in inflation capped losses for the yellow metal.

MCX gold April futures were 0.21% down at ₹1,55,662 per 10 grams around 9:15 am, while MCX silver May futures were 0.76% down at ₹2,51,200 per kg at that time.

(This is a developing story. Please check back for fresh updates.)