New Delhi, May 8 -- Gold, silver prices in your city, May 8: The United States Federal Reserve on May 7 kept rates steady, citing inflation. This was in line with what experts predicted, as prices of the yellow metal lowered this past week on low expectations for change.

While experts are divided over where gold and silver prices are headed due to several recent geopolitical developments, including rising tensions between India and Pakistan and renewed conflict between Israel and Gaza. Commodities (gold and silver) have emerged as the safe haven investment in these volatile markets.

In terms of returns, over the past year along, gold cost has jumped 30 per cent, returned 15 per cent CAGR since 2001; and since 1995, has beaten inflation ...