Gold price today, Aug. 4 -- Gold and silver rates climbed in the domestic futures market Monday (August 4) morning after the dollar index declined by over half a per cent, enhancing demand for bullion. Persising tariff-related uncertainties also continued supporting precious metals.
MCX Gold October 3 contracts traded 0.34 per cent up at Rs.1,00,090 per 10 grams, while MCX Silver September 5 contracts were up 0.47 per cent at Rs.1,10,775 per kg around 9:15 AM.
The dollar index declined by over 0.50 per cent to 98.60, making gold cheaper in overseas currencies and enhancing its demand.
(This is a developing story. Please check back for fresh updates.)
Published by HT Digital Content Services with permission from MINT....
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