Gold price today: Rates rise on geopolitical concerns; experts unveil strategy for MCX Gold
Live MintGold price today: Gold rates moved higher in the domestic futures market in the morning session on Monday, December 30, amid a fresh escalation of tensions in the Middle East, while the stable dollar and US bond yields also influenced sentiment. Gold prices declined in the previous session after witnessing high price volatility amid a steady dollar index and the US 10-year bond yields. Manoj Kumar Jain of Prithvifinmart Commodity Research underscored that geopolitical tensions and Chinese stimulus hopes early next year are supporting gold and silver prices at lower levels. "Gold has support at $2,614-2,600, while resistance at $2,645-2,658 per troy ounce and silver has support at $29.88-29.40, while resistance is at $30.30-30.64 per troy ounce in today’s session.