Gold prices on Multi Commodity Exchange (MCX) opened marginally higher on Thursday, racking gains in international bullion prices amid increased expectations of an interest rate cut by the US Federal Reserve.
MCX gold rate opened marginally higher at ₹1,00,297 per 10 grams level as against its previous close of ₹1,00,185 level. MCX silver price opened 0.18% higher at ₹1,15,239 per kg, compared with its previous close of ₹1,15,029 level.
At 9:10 AM, MCX gold price was down by 0.03% at ₹1,00,150 per 10 grams, while silver prices were trading 0.13% higher at ₹1,15,180 per kg.
