Gold rate today: After climbing to the five-week high, gold price slipped on Friday after the profit-booking trigger. According to commodity market experts, the MCX gold rate tested a weekly high of ₹79,120 per 10 gm, whereas spot gold prices touched a weekly high of $2,775 per ounce. Pointing towards the safe-haven demand, Prithviraj Kothari, Director at IBJA, said, "Gold …
Gold rate today: Following the cautious tone of the US Fed chairman Jerome Powell on an interest rate cut that strengthened the US dollar, gold prices logged a decline in the international market for the second straight week. According to commodity market experts, rising US dollar rates as Jerome Powell signalled a cautious approach to interest rate cuts are putting …
