Gold rate today, April 1 -- Following the ceasefire buzz in the US-Iran war, easing inflation fears, and buzz for a US Fed rate cut, gold prices witnessed buying interest in Asian and Indian markets during the morning session today. The MCX gold rate today opened with an upside gap at Rs.1,51,427 per 10 gm and touched an intraday high of Rs.1,51,870, logging an intraday gain of nearly 0.50%.

Likewise, the COMEX gold price today saw buying interest in Asian markets during the morning session, reaching an intraday high of $4,751.26 per ounce. While gold prices climbed to this intraday high, the international market hit a two-week high.

On why the gold price is rising today, Anuj Gupta, a SEBI-registered market expert, said, "The US Presid...