Gold and silver prices rose on Tuesday ahead of the US Federal Reserve’s policy meeting, with both precious metals gaining in early trade amid cautious investor sentiment. 

On the Multi Commodity Exchange (MCX), gold futures (April 2) were trading at Rs 1,57,145 per 10 grams at around 10 am up Rs 1,409 or around 1 per cent. During the session so far, gold touched an intraday low of Rs 1,56,649, indicating a firm but range-bound trend.