Gold rate today: Yellow metal extends loss; trades at Rs 76,130/10 gm

3 hours ago 2

Gold complaint today: Gold terms amid the rising Middle East hostility sparkled successful Thursday's league (October 3) traded with a drag. MCX October Gold futures traded astatine Rs 75,462 per 10 gm oregon Rs 204 per 10 gm, portion the December futures traded little by 0.34 per cent oregon Rs 260 astatine Rs 76,130 per 10 gm.

Internationally spot golden traded down by 0.17 per cent astatine $2,654.19 per ounce astatine the past count.

In the erstwhile day's trade, golden dropped 0.50 per cent yesterday during the North American league arsenic traders focused connected Israel’s imaginable effect to Iran’s rocket onslaught connected Tuesday. Geopolitical tensions proceed to thrust marketplace movements, pushing golden higher aft caller bearish sessions since Friday. Currently, XAU/USD is trading astatine $2,648, aft reaching a precocious of $2,663.

Israel's UN envoy warned Iran of consequences for the attack, portion US officials, including Deputy Secretary of State Kurt Campbell, indicated that the US is besides considering its response. The US 10-year Treasury output roseate to 3.783%, and the US Dollar Index gained 0.39%, reaching 101.60.

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