Gold edged lower in early trade on Comex after opening at $4,448 per ounce, with the precious metal last trading at $4,458.90, down $1.80 from the previous close
Gold had risen sharply in August, supported by higher investment and hedging demand, along with continued buying by central banks, including China's central bank
On the Multi Commodity Exchange (MCX), gold futures were trading near ₹1,58,300 per 10 gram at the time of writing, while silver futures were around ₹2,40,300 per kg
Experts advise investors to avoid aggressive buying and accumulate gold and silver gradually on dips as Fed policy uncertainty keeps precious metal prices volatile