Gold rate crashes over 1% on MCX as US dollar index hits over 1-year high; experts highlight key levels to watch

Gold rate crashed by over 1% on MCX as the US dollar index jumped to a 1-year high. MCX gold August futures were 1.21% down at ₹1,44,759 per 10 grams, while MCX silver July futures were 0.71% down at ₹2,24,227 per kg around 9:10 am.