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Gold rate crashes over 1% on MCX as US dollar index hits over 1-year high; experts highlight key levels to watch

As reported by mint - markets
Gold rate crashed by over 1% on MCX as the US dollar index jumped to a 1-year high. MCX gold August futures were 1.21% down at ₹1,44,759 per 10 grams, while MCX silver July futures were 0.71% down at ₹2,24,227 per kg around 9:10 am.
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Gold prices on MCX saw a significant crash of over 1% as the US dollar index surged to a one-year high. MCX gold August futures declined by 1.21% to ₹1,44,759 per 10 grams, while MCX silver July futures also dropped by 0.71%. This movement reflects the impact of a stronger…

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