Gold price today: Gold rate dropped by almost 1% on the MCX in the morning trade on Monday, February 16, on profit booking after rising by 2% in the previous session amid an uptick in the US dollar following an in-line US inflation data. MCX gold April contracts dropped by 0.74% to ₹1,54,743 per 10 grams, while MCX silver March futures crashed 3% to ₹Rs 2,36,915 per kg.
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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.
