Gold rate crashes on MCX on profit booking; RBI MPC outcome in focus; experts highlight key levels to watch

Gold price today: Gold rate crashed on the MCX on Friday (February 6) morning on profit booking amid weak global cues, dollar’s rise, and subdued spot market demand. MCX gold April contracts declined over 1%, while MCX silver March futures crashed 6%.

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Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.

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