Gold price today: Bullion snaps back toward $5,000 after Thursday dip — Delhi rates, MCX moves, and what’s driving it
Gold, silver, and platinum hit record highs in global trading Friday, with spot gold reaching $4,966.59 an ounce. Indian bullion prices tumbled Thursday as profit-taking set in, with Delhi 24K gold down 1.5% to ₹1,57,200 per 10 grams and silver off 4.3%. The rupee fell to a record low of 91.77 per U.S. dollar, raising the cost of gold imports. Traders cited shifting U.S. tariffs and dollar moves.