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Categories: Stock Market

Gold price today: MCX Gold hits fresh record high; should investors buy or book profit?


Gold price today: Gold rates jumped to hit a new record high in the domestic futures market in Thursday’s evening session on concerns over an escalating trade war between the United States and China. MCX Gold June 5 contract jumped over a per cent to hit a fresh high of 91,464 per 10 grams. Around 5:20 PM, the same contract was 1.44 per cent up at 91,100 per 10 grams. 

US President Donald Trump on Wednesday announced a 90-day pause on reciprocal tariffs, while raising duties on Chinese imports to a staggering 125 per cent.

More to come…

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