Gold price today: The rates of gold and silver saw strong gains in the morning trade on the MCX on Wednesday, February 4, on strong spot demand and the dollar’s weakness.
MCX gold April contracts were 4% up at ₹1,59,801 per 10 grams around 9:15 am, while MCX silver March futures were 5.5% up at ₹2,82,816 per kg at that time.
International gold prices also rose over 2% on Wednesday, supported by a softer dollar.
(This is a developing story. Please check back for fresh updates.)
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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.
