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Gold price today: MCX gold futures rise to Rs 93,165; global spot gold trades at $3,215

Gold price today: MCX gold futures rise to Rs 93,165; global spot gold trades at $3,215

Business Upturn19-05-2025

By News Desk Published on May 19, 2025, 09:58 IST
As of 9:52 AM IST, May 19, 2025
Gold prices opened higher on Monday in both domestic and international markets. On the Multi Commodity Exchange (MCX), gold futures for June 5 delivery climbed ₹724 or 0.78% to trade at ₹93,165 per 10 grams. The intraday range was between ₹92,800 and ₹94,031. The previous close was ₹92,441.
In global markets, spot gold prices also saw an uptick. As of 9:56 AM IST, XAU/USD was trading at $3,215.19 per ounce, up $12.42 or 0.39% from the previous session. The day's range stood between $3,202.77 and $3,249.89.
The uptick in prices comes amid renewed investor interest in safe-haven assets following continued geopolitical tensions and uncertain inflation expectations in major economies.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Prices and market conditions are subject to change. Investors are advised to consult with a certified financial advisor before making any investment decisions.
News desk at BusinessUpturn.com

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