Gold price today: Gold rate declined in the domestic futures market on Tuesday (February 17) morning amid profit booking amid a stronger dollar and weak spot demand. MCX gold April contracts dropped by over ₹1,200, or 0.80%, to ₹₹1,53,550 per 10 grams.
The dollar index jumped over 2% to 97.15, making greenback-backed bullion expensive for overseas buyers.
In the previous session, the gold April futures contract settled at ₹₹1,54,760 per 10 grams with a loss of nearly 1% and the silver March futures contract settled at ₹2,39,891 per kilogram with a loss of nearly 2%.
