Gold rates today on an uptrend as Trump’s tariffs renew recession fear. Should you buy MCX gold in this rally?

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Gold rates today on an uptrend as Trump’s tariffs renew recession fear. Should you buy MCX gold in this rally?

AIMPWA

April 9, 2025

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Gold rate today: Following US President Donald Trump’s tariff flair fueling the recession buzz, gold prices witnessed strong buying interest in the early morning session on Wednesday. MCX gold rate opened with an upside gap at ₹87,998 per 10 gm and touched an intraday high of ₹88,396 within a few minutes of the Opening Bell on Wednesday.

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