India, March 10 -- Gold futures rallied on Tuesday, with prices climbing Rs 1,853 to Rs 1.62 lakh per 10 grams, supported by a weaker US dollar and improved global sentiment that boosted safe-haven demand.
On the Multi Commodity Exchange (MCX), gold contracts for April delivery rose Rs 1,853, or 1.16 per cent, to Rs 1,62,152 per 10 grams, registering a business turnover of 7,355 lots.
Market analysts said gold prices recovered from the previous session's losses as the US dollar weakened after President Donald Trump indicated that the conflict with Iran may be nearing a resolution.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....