Gold rate today: Gold price rose in early trade in the domestic futures market Friday morning, tracking gains in international markets as investors digest the bumper 50 bps US Fed rate cut and expect the rate-reduction cycle to continue for the next two years.
MCX Gold for October 4 expiry opened at ₹73,619 per 10 grams on Friday. However, it pared gains quickly and traded 0.08 per cent up at ₹73,500 per 10 grams around 9:15 am. In the previous session, it closed at ₹73,438 per 10 grams with a gain of 0.52 per cent.
(More to come)
