Gold rate today, March 24 -- Despite de-escalation in the US-Iran war, the MCX gold rate today opened with a gap down at Rs.1,38,411 per 10 fm and touched an intraday low of Rs.1,36,762, logging around 2% intraday loss on Tuesday. In the international market, the COMEX gold price today had a weak opening during the early morning session in the Asian markets today. The COMEX gold rate is currently around $4,375/oz, nearly 1.5% below yesterday's close.

According to market experts, the gold price today is under pressure despite the de-escalation of the US-Iran war, as the market expects the US Fed to keep interest rates unchanged in the near term, given persistent inflation fears stemming from the devastation of oil infrastructure in the Mi...