Gold price today: The rates of gold rose by more than half a per cent while those of silver jumped 4% in morning trade on the MCX on Friday, December 26, on rising speculations of further rate cuts by the US Federal Reserve in January. Rising tensions between the US and Venezuela are also driving gold prices higher. MCX gold February futures rose by 0.65% to hit a record high of ₹1,38,991 per 10 grams, while MCX silver March futures surged 4% to a record high of ₹2,32,741 per kg on Friday.
(This is a developing story. Please check back for fresh updates.)
