Gold price today: Rates crash over 1% as dollar strengthens; experts say watch these key levels for MCX Gold

Gold price today: Gold rates suffered a significant loss of over one per cent in the domestic futures market on Monday morning, primarily due to the strengthening US dollar after President-elect Donald Trump signalled a potential trade war against BRICS nations, including India. MCX Gold for February 5 traded 1.02 per cent lower at ₹ 76,339 per 10 grams around 9:20 am.

Trump has vowed a 100 per cent tariff on BRICS countries if they make any move to replace the US dollar and sought a commitment from the nine-member group that includes India, Russia, China, and Brazil. More to come..



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