Business

Gold price today: Rates jump amid trade war fears; RBI MPC in focus; experts highlight key levels for MCX Gold

Gold price today: Gold prices surged in the domestic futures market as investors sought safe-haven assets due to fears of a US trade war affecting the global economy. MCX Gold June 5 contracts rose 0.70% to ₹87,533 per 10 grams around 9:10 AM.

Gold price today: Gold rates rose significantly in the domestic futures market Tuesday morning as investors rushed to safe-haven assets amid prevailing fears that a trade war between the US and its trading allies will drive the global economy down. MCX Gold June 5 contracts traded 0.70 per cent higher at ₹ 87,533 per 10 grams around 9:10 AM.

International gold prices were also trading higher amid heightened concerns over the global trade war. Comex Gold jumped over a per cent during the session. More to come.

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