Gold price today: MCX Gold hits record high on dollar's fall, persisting Trump's tariff uncertainty

Gold price today: Gold rates jumped to a fresh all-time high of ₹ 94,573 per 10 grams in the domestic futures market Wednesday morning. MCX Gold rates jumped over ₹ 1,000, or over 1 per cent, per 10 grams in early trading on Wednesday, April 16, hitting a record high, supported by a weaker dollar and prevailing uncertainty over US President Donald Trump’s tariff policies. International gold prices also jumped to record highs on Wednesday, driven by a weaker dollar and concerns over the impact of the trade war on global economic growth.

Economic uncertainty increases safe haven demand among investors, driving gold prices higher. More to come..



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