Gold price today: Gold traded lower in the domestic futures market on Friday (August 22) morning on a stable dollar and amid caution ahead of US Fed Chair Jerome Powell’s speech at the Jackson Hole symposium. MCX Gold October 3 contracts were down 0.12 per cent at ₹99,311 per 10 grams around 9:15 AM. MCX Silver September 5 contracts were down 0.15 per cent at ₹1,13,536 per kg at that time.
The dollar index rose about 0.15 per cent during the session, making bullion expensive in other currencies and weighing on its demand.
(This is a developing story. Please check back for fresh updates.)
