Today's gold price: Trump's tariff flare causes the MCX gold rate to reclaim its 86,000 top. Focus on the US dollar

The MCX gold rate rose and remained over ₹86,000 per 10 gm after US President Donald Trump's tariff flare. The MCX gold rate saw slight gains against Tuesday's finish of ₹86,152, opening lower today at ₹86,139 per 10 gm and reaching an intraday high of ₹86,271. By quoting $2,918 per ounce, spot gold prices are maintained above $2,900 per ounce levels in the global market. The price of COMEX gold is $2,924 per troy.