Indian equities face a complex trading session as domestic pre-open optimism encounters a backdrop of elevated global commodity prices and weaker overseas markets.

Spot gold retreated to $4,356.02 an ounce in Asian trading as climbing U.S. Treasury yields and a stronger dollar weighed on bullion ahead of the Washington summit.

Gold prices rebounded across global markets, snapping a losing streak as traders engaged in bargain hunting ahead of a high-stakes Federal Reserve policy announcement.

Gold prices have slipped as investors weigh shifting Federal Reserve policy and conflicting outlooks from global financial institutions. The market remains volatile as participants monitor interest rate expectations and central bank demand.