Gold price today, April 17 -- MCX Gold hit a record high in early trade on Thursday, April 17, supported by mounting concerns over the ongoing trade war and its impact on global economic growth. Weakness in the US dollar and healthy spot demand are also among the key factors that support gold prices. MCX Gold June 5 contracts jumped to a fresh all-time high of Rs.95,893 per 10 grams during the session. However, it quickly pared gains and traded volatile. Around 9:10 AM, the contract was flat at Rs.95,670 per 10 grams.

International gold prices also hit a record high due to the heightened demand for safe-haven assets.

In the previous session, MCX Gold June 5 contracts settled with a solid gain of 2.42 per cent at Rs.95710 per 10 grams af...