Gold prices surged more than 2 per cent in Monday’s session, supported by the dollar’s weakness and healthy spot demand even as investors and traders kept a close eye on news flows surrounding the US-China trade tension. MCX Gold June 5 contracts traded 2.14 per cent higher at ₹94,615 per 10 grams around 4:50 PM.
International gold prices also rose by over a per cent with investors’ focus on the US-China trade talks and the US Federal Reserve’s policy outcome on Wednesday.
(This is a developing story. Please check back for fresh updates.)
