Gold rate rises on MCX as US-Iran talks end without a deal; experts highlight key levels to watch

Gold price today: Gold rate climbed on the MCX in early trade on Friday, February 27, supported by healthy spot market demand amid persisting geopolitical uncertainties and the dollar’s weakness.

MCX gold April contracts rose by nearly 500, or 0.30%, to 1,60,177 per 10 grams, while MCX silver March contracts climbed by more than 7,100, or nearly 3%, to 2,66,800 per kg in early deals.

In the previous session, MCX gold’s April futures on MCX closed at 1,59,709 per 10 grams, falling nearly 1%, while silver’s March futures ended at 2,59,669 per kilogram, losing over 3%.

(This is a developing story. Please check back for fresh updates.)

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