Gold price today, Aug. 11 -- Gold rates declined significantly in the domestic futures market Monday morning on profit booking at higher levels amid signs of easing geopolitical tensions.

MCX Gold October 3 contracts traded 0.83 per cent down at Rs.1,00,950 per 10 grams, while MCX Silver September 5 contract was 0.65 per cent down at Rs.1,14,139 per kg around 9:10 AM.

Gold prices dropped in international markets, also as speculations about the war in Ukraine nearing its end weighed on safe-haven demand.

The US President and his Russian counterpart, Vladimir Putin, will meet in Alaska on Friday, August 15, to discuss an end to the Russia-Ukraine war.

(This is a developing story. Please check back for fresh updates.)

Published by HT Di...