Bullion News: Gold and Silver price may soar on Fed rate cut hopes

Experts are of the opinion that Gold and Silver prices may shot up as Fed Chief is expected to cut interest rates. At MCX Gold, expert opinion says that yellow metal has strong support at Rs 32,800 and it may show Rs 33,500 in coming trade sessions. Similarly Silver may show Rs 37,500 levels as the white ,etal has strong support at Rs 36,000 levels.