Gold rate today: Yellow metal retraces from lifetime high despite weak USD. Is it right time to invest in MCX gold?
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2 weeks, 6 days ago

Gold rate today: Yellow metal retraces from lifetime high despite weak USD. Is it right time to invest in MCX gold?

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Gold rate today: Following weakness in the US dollar and economic uncertainty caused by Donald Trump's tariff flair, gold prices witnessed some buying interest during the early morning session on Thursday. MCX gold rate today opened upside at ₹86,077 and touched an intraday high of ₹86,089 in early morning deals. In the international market, the spot gold price was quoted at $2,922 per ounce, while the COMEX gold price was $2931 per troy ounce. Jateen Trivedi, VP of Research - Commodity and Currency at LKP Securities, said, "Gold prices remained positive in COMEX as the precious yellow metal saw the rise of 0.39% to $2,917, supporting MCX gold, which was neutral as rupee strength kept MCX Gold rates weak.

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