New Delhi, April 18 -- Gold prices on the Multi Commodity Exchange (MCX) traded lower on Thursday amid profit booking, retreating from their recent record high near the Rs.96,000-mark. The MCX gold rate touched an all-time high of Rs.95,935 per 10 grams before easing.
Internationally, gold prices also witnessed a pullback as investors locked in gains after bullion hit a fresh peak. Market participants are now closely watching tariff negotiations between the United States and Japan.
Spot gold fell 0.8% to $3,317.63 per ounce, while US gold futures declined 0.5% to $3,330.60. Earlier in the session, bullion reached a record high of $3,357.40 and has gained more than 27% year-to-date.
Here are some key highlights from the recent rally in ...
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