Gold Price Today: Rates rise in early trade; should you buy or wait?2 min read 26 May 2023, 10:29 AM IST
Gold rate today: Gold prices inched up on MCX but the gains were capped amid improved sentiment in the domestic equity market and the dollar's recent gains.
Gold prices traded slightly higher in the morning trade in the domestic futures market on Friday (May 26) tracking global cues. The yellow metal rose in the international market as the dollar eased from a two-month high while traders and investors sought more clarity on the progress of US debt ceiling talks. The Federal Reserve's next policy move on June 13-14 is also a key factor that is in the focus of traders.
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