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Reading: Gold rate drops on MCX as dollar rises amid US-Iran war; strong US jobs data dents US Fed rate cut hopes | Stock Market News
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News for India > Business > Gold rate drops on MCX as dollar rises amid US-Iran war; strong US jobs data dents US Fed rate cut hopes | Stock Market News
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Gold rate drops on MCX as dollar rises amid US-Iran war; strong US jobs data dents US Fed rate cut hopes | Stock Market News

Last updated: April 6, 2026 9:06 am
2 hours ago
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Gold price today: Gold rate declined on the MCX on Monday, April 6, morning, amid profit booking, driven by a stronger US dollar, as the US-Iran war keeps crude oil prices at higher levels, raising inflationary concerns. Moreover, strong US jobs data further dimmed the prospects of a US Fed rate cut in the near future.

(This is a developing story. Please check back for fresh updates.)



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