Gold price today, March 3 -- Gold rates saw decent gains in the domestic futures market Monday morning, supported by softness in the US dollar and growing concerns that US President Donald Trump's tariff policies will result in a full-blown trade war. MCX Gold for April 4 contract traded 0.50 per cent higher at Rs.84,637 per 10 grams around 9:10 AM.

The dollar index declined about 0.30 per cent, raising gold's appeal. As gold is priced in dollars, a decline in the US currency makes it cheaper in other currencies, which increases its demand.More to come.

Published by HT Digital Content Services with permission from MINT....