Gold Rate Today LIVE: Gold and silver prices on Multi Commodity Exchange of India (MCX) opened higher on Wednesday, following gains in international precious metal prices, driven by safe-haven buying.
MCX gold rate today for April futures contracts opened higher by ₹1,008, or 0.63%, at ₹1,60,977 per 10 grams as against its previous close of ₹1,59,969 level.
MCX silver rate today for March futures contracts opened higher by ₹5,200, or 2%, at ₹2,65,944 per kilogram as compared to its previous close of ₹2,60,744 level.
Comex Gold, Silver Prices
Gold and silver prices rallied on Wednesday, supported by safe-haven demand amid uncertainty over Trump tariffs and sustained geopolitical tensions in the Middle East ahead of the US-Iran nuclear talks.
Spot gold price rose 0.5% to $5,174.76 per ounce, after falling 1% in the previous session as investors booked profits after gold hit a three-week high earlier in the day. US gold futures for April delivery gained 0.3% to $5,192.20. Spot silver price rose 1% to $88.23 per ounce, after hitting a more than two-week high on Monday.
Meanwhile, two US Federal Reserve officials signaled no near-term appetite to change the setting of central bank interest rate policy.
On the geopolitical front, Iran and the US will hold a third round of nuclear talks on Thursday in Geneva.
Among other commodities, spot platinum price rallied 2.1% to $2,212.72 per ounce, while palladium price gained 1.4% to $1,793.68.
Stay tuned to our Gold Rate Today Live Blog for the latest updates.
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