
Gold price today: Yellow metal rises above ₹88,000 on MCX ahead of US Fed policy meeting
Live MintGold Price Today: Gold Futures on the Multi Commodity Exchange in India gained on Monday ahead of the US Federal Reserve meeting on Wednesday, March 19. After hitting the day's high of ₹88,160 per 10 grams at the MCX on Monday, March 17, the precious yellow metal was trading 0.01 per cent or ₹9 higher at ₹88,001 per 10 grams for April 4, 2025, futures contract as of 8:25 p.m., compared to ₹87,991 at the previous commodity market session. Silver prices on the MCX were trading 0.43 per cent or ₹432 lower at ₹1,00,306 per kilo as of 8:59 p.m. for the May 5, 2025 futures contract, compared to ₹1,00,738 per kilo at the previous market close. Global Gold Prices According to the news agency Reuters report, the global gold prices found a safe-haven on Monday as the focus of market investors shifted towards the upcoming US Fed meeting. The report also cited that spot gold rates were trading 0.5 per cent higher at $2,997.84 per ounce as of 7:41 a.m.. Last Friday, spot gold prices hit a record high of $3,004.86.
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