Global gold prices took a knock on Wednesday because of dollarNSE 0.89 %'s rise against its global peers as investors tracked Fed's policy decision later tonight.
Gold snapped three straight sessions of gains.
Bullion: Bullion counter may trade sideways with a negative bias. MCX Gold can take support near Rs 31,800 while facing resistance near Rs 32,050. Silver can take support near Rs 38,100 and can recover towards Rs 38,400.
Base metals: Base metal prices may trade with a weak bias as most industrial metals on the London Metal Exchange fell on Wednesday.
Other commodities: Cotton futures (March) may trade with a negative bias and face resistance near Rs 21,320 level. Chana futures (April) are expected to take support near Rs 4,200 level and may remain steady.
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