Gold rate today, March 21 -- Following the resilient US dollar and renewed fear of inflation, driven by the soaring crude oil prices, gold prices across the world witnessed sharp selling last week. After hovering around the Rs.1,60,000 levels at the beginning of the US-Iran war, the MCX gold rate received a heavy beating last week and finished at Rs.1,44,825 per 10 gm, whereas the COMEX gold rate ended at $4,574.90 per troy ounce.

According to market experts, the gold rate today is navigating a complex macro environment in which geopolitical escalation and expectations of monetary tightening are pulling in opposite directions. They said that the downtrend in the precious yellow metal may continue, and the gold rate in India may touch Rs....