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Gold price today: Rates at record high on MCX as geopolitical risks, weaker dollar drive safe-haven demand

Gold price today: Gold rates jumped to a record high in the domestic futures market on Friday, January 23, morning, as heightened geopolitical and geoeconomic risks and weakness in the US dollar boosted demand for safe-haven assets.

MCX gold February futures jumped by over 2,500, or almost 2%, to a fresh record high of 1,58,890 per 10 grams. MCX silver March futures surged by more than 12,600, or almost 4%, to a fresh record high of 3,39,927 per kg.

(This is a developing story. Please check back for fresh updates.)

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Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.


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