Gold price outlook, April 8 -- Gold Futures on India's Multi Commodity Exchange (MCX) were trading 1.21 per cent or Rs.1,051 higher on Tuesday, April 8, as part of a global market recovery amid Trump tariff pressures.

Jateen Trivedi, the VP Research Analyst of Commodity and Currency at LKP Securities, said that domestic gold had witnessed a sharp recovery. For now, the MCX gold is expected to trade between Rs.86,000 and Rs.90,000, with the global sentiment as 'cautious' amid the trade war between the United States and other world nations.

"Gold traded positive with a sharp recovery, gaining Rs.1,100 in MCX to move above Rs.88,000 as rupee weakness added to the upside momentum. The global sentiment remained cautious with the dollar index...