New Delhi, Feb. 3 -- Gold and silver prices on the Multi Commodity Exchange of India (MCX) opened sharply higher on Tuesday, following a rally in international bullion prices.
MCX gold rate today for April futures contracts opened 2.78% higher at Rs.1,48,000 per 10 grams level as against its previous close of Rs.1,41,669 level. MCX silver price for March futures contracts opened 4% higher at Rs.2,45,711 per kg as compared to its previous close of Rs.2,36,261 level.
In the international market, gold price rose more than 3%, rebounding from a near one-month low hit in the previous session, as market participants braced for an absence of key economic data this week due to a partial US government shutdown.
Spot gold price rallied 3.7% to $...
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