
Gold price today: Rates rise ahead of RBI policy, US payrolls data; experts highlight key levels for MCX Gold
Live MintGold price today: Gold rates climbed in the domestic futures market on Friday morning amid mixed global cues, with the focus centred on the RBI policy outcome and US payroll data. Track RBI monetary policy meeting LIVE updates here In international markets, as Reuters reported, gold held steady but was headed for a second straight week of decline, with a focus on the US payrolls data due later in the day for cues on the US rate cut trajectory. Experts highlight key levels for MCX Gold Rahul Kalantri, VP of commodities at Mehta Equities, underscored that gold has support at $2,615-2,600 and resistance at $2,642-2,657. Manoj Kumar Jain of Prithvifinmart Commodity Research said gold has support at $2,634-2,622, while resistance at $2,660-2,678 per troy ounce and silver has support at $31.30-31.00, while resistance is at $31.80-32.10 per troy ounce in today’s session.
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