MCX gold opens higher and hits intraday high
In short
Gold opened higher on MCX at ₹1,36,502 per 10 gm and later touched an intraday high of ₹1,37,587 per 10 kg in early morning trade. The price move came after a weak stretch.
This matters for people tracking gold prices because it shows a rebound in the market and may affect buying and selling decisions.
What the reporting says
The move signals a rebound in domestic gold prices after recent weakness. Traders are watching the price action for direction in the session.
Why it matters
Gold on MCX opened higher at ₹1,36,502 per 10 gm and touched an intraday high of ₹1,37,587 per 10 kg in early morning trading. Silver was also mentioned in the headline as near ₹1.79 lakh.