Gold price today: Gold rates slipped in the domestic futures market on Wednesday (June 18) morning on profit booking even as rising tensions between Israel and Iran — and fears of the conflict spiralling into a major regional war — remain a key support for the yellow metal.
Investors appear to be booking profits ahead of the US Federal Reserve’s policy outcome, due later today, amid widespread expectations that the central bank will maintain benchmark rates due to heightened geopolitical and tariff-related risks.
MCX Gold August 5 contract traded 0.16 per cent lower at ₹99,385 per 10 grams.
(This is a developing story. Please check back for fresh updates.)