Gold price today: Gold rates edged higher in the domestic futures market on Tuesday morning. However, the gains remained subdued as a strengthening US dollar and reports of a potential ceasefire in the Israel-Hezbollah conflict weighed on the yellow metal’s appeal as a safe-haven asset. MCX Gold for December 5 expiry traded 0.21 per cent up at ₹75,472 per 10 grams around 9:15 am.
In international markets, gold prices fell to their lowest in more than a week on Tuesday due to a stronger dollar and reports of a potential Israel-Hezbollah ceasefire, reported Reuters.