New Delhi, April 11 -- Gold prices on MCX opened higher on Friday, tracking a rally in international bullion prices that reached record high level amid safe-have buying on escalating global trade war tensions.
MCX gold rate opened higher at Rs.92,463 per 10 grams as against its previous close of Rs.92,033, and surged to a record high of Rs.93,736 level. MCX Silver prices opened at Rs.92,000 per kg as against its previous close of Rs.91,595.
Safe-haven gold gained nearly 2% and surpassed the key $3,200 mark on Friday, spurred by a weaker dollar and recession concerns due to an intensifying trade war between U.S. and China.
Spot gold jumped 1.7% to $3,227.39 an ounce, as of 1020 GMT, after hitting a record high of $3,237.56 earlier in th...
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