Gold price today, March 27 -- Gold rate rose on the MCX on Friday, March 27, morning amid a softer dollar, which seems to have prompted value buying in the yellow metal after the recent decline.

Gold prices have witnessed sharp volatility in March amid the US-Iran war. The West Asian conflict has driven crude oil prices significantly higher, leading to a surge in the dollar index and weighing on gold prices.

Domestic spot gold prices have declined nearly 9% so far in March, as per MCX data.

"Gold and silver may see a mild near‑term recovery, but breaking recent highs looks difficult. While supportive geopolitics could underpin sentiment, a firm US dollar is likely to cap strong upside, keeping price movements relatively restraine...