Gold price today, Jan. 7 -- Gold rates declined in the domestic futures market on Wednesday (January 7) morning due to profit booking amid the dollar's rise. However, healthy spot demand amid geopolitical uncertainties and expectations of US Fed rate cuts capped losses for the yellow metal. MCX gold February futures were 0.17% down at Rs.1,38,850 per 10 grams around 9:10 am. MCX silver March futures were, however, up 0.19% at Rs.2,59,310 per kg at that time.

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