MCX

Gold hits new high, climbs over Rs 95,000 on MCX

Gold prices on the Multi Commodity Exchange of India (MCX) surged to yet another record high on Wednesday, fueled by a weakening US dollar and escalating global trade tensions. As of 3:07 PM, gold was trading at ₹95,172 per 10 grams, after reaching an all-time high of ₹95,435." Gold prices globally have also been hitting fresh highs, surpassing USD 3,300 per ounce. The latest rise in global gold prices is also attributed to strong demand, including investments from various central banks th...

March 13, 2025 3:19 PM

Gold prices hit all-time high, cross Rs 86,875 per 10 grams

Gold prices on Thursday reached a new all-time high amid market uncertainties. On the Multi Commodity Exchange (MCX), 24-carat gold April futures rose by 0.21 per cent to touch Rs 86,875 per 10 grams. The surge in gold prices is mainly driven by global instability. Uncertainty surrounding US President Donald Trump’s tariff policies has led investors to turn to gold as a safe-haven asset. As a result, international gold prices have climbed to $2,945 per ounce on March 13. According to the I...