Gold price today: Rates rise on MCX amid softer dollar ahead of Diwali 2025; what should investors do?

Gold price today: Gold prices rose on the MCX Monday (October 20) morning amid healthy coal demand and a softer US dollar. MCX Gold December futures were trading 0.78 percent higher at ₹1,28,005 per 10 grams around 9:15 am. MCX Silver December contracts were then 0.41 per cent higher at ₹1,57,240 per kg. Gold prices recovered in international markets after suffering sharp losses in the previous session, following US President Donald Trump’s comments on China tariffs that prompted investors to book profits in the yellow metal and move into riskier assets. Gold prices suffered massive losses in the previous session. MCX Gold’s December futures fell 2 percent to settle at ₹1,27,320 per 10 grams, while US gold futures plunged more than 2 percent to end at $4,213.30 a troy ounce. (This is a developing story. Please check back for new updates.)

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