Published on 04/03/2026 08:36 AM
Gold Rate Today LIVE: Gold and silver prices in the international market traded higher, rebounding from a fall in the previous session, as escalating US-Israeli air strikes against Iran heightened geopolitical uncertainty and supported safe-haven demand.
Spot gold price rallied 1% to $5,138.46 per ounce, after falling to its lowest since February 20 in the previous session. US gold futures for April delivery gained 0.5% to $5,147.10 an ounce. Spot gold price has jumped 19% year-to-date, driven by global turmoil, after surging 64% in 2025.
Spot silver price rallied 1.4% to $83.27 per ounce, after falling more than 8% in the last session. Silver prices have risen more than 16% so far this year.
The US dollar strengthened, making dollar-denominated assets such as bullion more expensive for other currency holders.
US President Donald Trump told reporters that the US military had struck numerous Iranian naval and air targets, saying that “just about everything has been knocked out.”
In other commodities, spot platinum price rallied 1% to $2,104.25 per ounce, while palladium gained 0.4% to $1,653.
Stay tuned to our Gold Rate Today Live blog for the latest updates.
MCX gold rate today for April futures contracts opened 1.33% higher at ₹1,63,265 per 10 grams as against its previous close of ₹1,61,108.00 level.
MCX silver rate for May futures contracts opened 2.14% higher at ₹2,71,000 per kilogram as compared to its previous close of ₹2,65,318 level.
The dollar rallied to a three-month high. The US dollar index, which measures the greenback’s strength against a basket of six currencies, was steady at 99.103, its strongest since November 28. Against the yen, the dollar was down 0.1% at 157.555 yen. Against the Chinese yuan, in offshore trade the dollar was down 0.1% at 6.9139 yuan, Reuters reported. The euro traded down 0.1% at $1.1604, and the British pound slipped 0.1% to $1.3340.
US President Donald Trump told reporters that the US military had struck numerous Iranian naval and air targets, saying that “just about everything has been knocked out,” Reuters reported. Global oil and gas prices surged as the US-Israeli war on Iran halted energy exports from the Middle East, with Tehran attacking ships and energy facilities, closing navigation in the Gulf and forcing production stoppages from Qatar to Iraq.
Spot silver price rallied 1.4% to $83.27 per ounce, after falling more than 8% in the last session. Silver prices have risen more than 16% so far this year.
Spot gold price rallied 1% to $5,138.46 per ounce, after falling to its lowest since February 20 in the previous session. US gold futures for April delivery gained 0.5% to $5,147.10 an ounce. Spot gold price has jumped 19% year-to-date, driven by global turmoil, after surging 64% in 2025.
Gold Rate Today LIVE: Gold and silver prices in the international market traded higher, rebounding from a fall in the previous session, as escalating US-Israeli air strikes against Iran heightened geopolitical uncertainty and supported safe-haven demand.Asit Manohar has nearly two decades of experience in the mainstream media. In this period, he has served esteemed media organisations like NDTV Profit...
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