Gold rate today, March 25 -- After hitting an intraday low of Rs.1,29,595 per 10 gm on Monday, the MCX gold rate today extended its recovery on Wednesday, and touched an intraday high of Rs.1,44,570 per 10 gm, logging around Rs.15,000 gain in the gold prices in India.

According to market experts, the gold rate today in India extended its gains from Monday's low, as easing inflation sparked hopes of a US Fed rate cut. They said that signs of de-escalation in the US-Iran war have led to a sharp sell-off in the WTI crude oil prices. The COMEX crude oil price, which touched $100 per barrel on Monday, has been under pressure, falling to an intraday low of $86.60 per barrel. This has eased the inflation concerns, which fueled value buying afte...