Gold rate today, Feb. 8 -- Following the economic uncertainty of US President Donald Trump's tariff rant and weakness in the Indian National Rupee (INR), the precious yellow metal remains a safe haven for investors for the next six successive weeks. MCX gold rate settled at Rs.84,900 per 10 gm after climbing to a new peak of Rs.85,279 per 10 gm. Gold price registered a weekly gain of over Rs.2,500 per 10 gm whereas, in the last six weeks, the precious bullion has risen over Rs.8350 per 10 gm (exact figure Rs.84,900 - Rs.76,544 = Rs.8,356) or around 10.90 per cent. Gold prices remained consistent internationally, rising for six consecutive weeks to reach the $2,886 per ounce level in the spot markets.
On reasons that have been fueling gol...
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