Gold price today: Gold rates traded lower in Thursday’s early trade in the domestic futures market, pressured by weak global cues and an uptick in the US dollar. Silver prices, however, climbed, supported by healthy spot market demand.
Around 9:05 AM, MCX Gold August 5 contracts were 0.30 per cent down at ₹97490 per 10 grams, while MCX Silver September 5 contract traded 0.10 per cent up at ₹1,11,748 per kg.
The dollar’s gain and easing tariff-related concerns weigh on gold prices. The dollar index climbed 0.20 per cent, making gold expensive in overseas currencies.
(This is a developing story. Please check back for fresh updates.)
