Gold price today, Sept. 3 -- Gold rates hit a record high of Rs.1,06,199 per 10 grams, rising by about half a per cent, in the domestic futures market on Wednesday (September 3) morning on a stable dollar amid expectations of a US Fed rate cut this month. MCX Gold October futures traded 0.19 per cent higher at Rs.1,05,992 per 10 grams around 9:15 AM. However, MCX Silver December futures were down 0.11 per cent at Rs.1,24,391 per kg at that time.

Gold prices have been rising due to persistent concerns over Trump's tariffs and growing expectations that the US Federal Reserve will cut interest rates this month. International gold prices, too, hit record highs, with U.S. gold futures rising to $3,616.70 per troy ounce.

The US Fed will annou...