Gold rate today: Amidst the fear of US Fed Rate Cut Buzz and Deepsek AI model, the MCX Gold Rate opened upside down in the morning session on Wednesday and reached a new peak 80,413 per 10 grams. Gold Futures Contract on Multi Commodity Exchange (MCX) for the end of February 2025 opened upside down today 80,325 per 10 grams. It touched an intraday high 80,413 within a few minutes of the initial bell. The rate of gold climbed this new peak today, which is improving the previous peak 80,312 per 10 grams on MCX.
Gold rate today: trigger for yellow metal rally
Commodity and currency in LKP Securities, VP Research Analyst, VP Research Analyst, Jetten Trivedi said, “The results of the US Fed Meeting and India’s Union Budget 2025 important events, focusing on alert and possible development to the participants. Gold markets are likely to volatile. 79,000 and resistance 80,600 in domestic. ,
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