Gold rate today, March 13 -- Amid no signs of de-escalation in the US-Iran war, the MCX gold rate today opened flat but sustained above Rs.1,60,000 per 10 gm. Gold price today opened marginally lower at Rs.1,60,251 per 10 gm and touched an intraday low of Rs.1,59,764, logging an intraday loss of Rs.507 per 10 gm. However, the precious metal witnessed value buying and soon entered the green territory. In the international market, the COMEX gold rate is oscillating around $5,120/oz.

Speaking on the major triggers dictating gold prices today, Anuj Gupta, a SEBI-registered market expert, said that the gold rate today is mainly driven by three factors: US-Iran war news, the US dollar rate, and oil price movements.

"Amid no signs of de-escala...