Gold futures rise to Rs 1.50 lakh/10g ahead of US Fed policy decision

Gold futures in India edged up to Rs 1.50 lakh per 10 grams on Apr 29, 2026, as investors grew cautious ahead of the US Federal Reserve policy decision. The most‑traded June MCX contract rose modestly, supported by a weaker US dollar and geopolitical tensions in West Asia, while gains were capped by elevated crude oil prices. International Comex gold also gained, and market participants are watching the FOMC (Powell’s last meeting), ECB and BoE decisions plus upcoming US macro data for cues on bullion’s near‑term direction.