Gold price today: Gold rates increased in early trade in the domestic futures market on Thursday, January 9, on improved demand from spot markets. However, strengthening the US dollar and rising bond yields capped the gains. MCX Gold of February 5 contracts traded 0.26 per cent up at ₹77,951 per 10 grams around 9:15 AM.
Gold prices were subdued in international markets due to rising US bond yields and a stronger dollar. Investors focus now on Friday’s US jobs data for further cues on the US Federal Reserve’s interest rate trajectory this year.
More to come…
