Gold rate today, Feb. 23 -- Gold prices got a new lease of life this week as fresh tariff uncertainty and a weak dollar bolstered demand for safe-haven. After consolidating for nearly three weeks, gold prices jumped almost 2% amid fresh buying interest on Monday, February 23.

In the domestic futures market, MCX gold prices reclaimed Rs.160,000 per 10-gram mark. Meanwhile, internationally, gold futures were at $5,168, up 1.7%.

Investors reacted to fresh trade policy uncertainty after the US Supreme Court ruling against President Donald Trump's tariffs over the weekend.

The US dollar fell after the Supreme Court found Trump's sweeping tariffs exceeded his authority, making greenback-priced commodities like bullion more affordable for ove...