Domestic gold and silver futures climbed higher on Tuesday amid weakness in the dollar overseas as precious metals rose ahead of the two-day meeting of the US central bank. Multi Commodity Exchange (MCX) gold futures rose 402 - or 0.78 percent - to 52,089 for the day while silver futures rose 1.08 percent to Rs 69,708.
During the session, the gold contract was increased to 52,182, and silver strengthened to 69,887.
Globally, spot gold on Comex hit $ 1,968.80 an ounce. Silver futures rose 1.86 percent to touch the level of $ 27.36 an ounce.
According to Mumbai-based industry body IBJA or India Bullion and Jewelers Association, spot gold rose to 8 51,893 per 10 grams, and silver to 66,758 per kg on Tuesday.