New Delhi, April 7 -- Gold prices on Multi Commodity Exchange (MCX) rose on Monday, amid safe-haven demand, as global equity markets crashed. Silver prices also jumped 2%.
On MCX, gold rate traded higher by Rs.301, or 0.34% at Rs.88,376.00, while silver prices rallied by Rs.1,487, or 1.71% to Rs.88,698 per kg.
In the international markets, gold rates hit their lowest levels in more than three weeks, as a wider market sell-off triggered by US President Donald Trump's tariff measures impacted bullion traders, Reuters reported.
Spot gold fell 1.9% at $2,981.09 an ounce, its lowest level since March 13. Bullion hit a record high of $3,167.57 on April 3. US gold futures fell 1.3% to $2,997.40. Spot silver plunged 2.8% to $28.74 an ounce, ma...
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