Market News
Gold price today: Rate up on MCX on dollar's weakness amid rising possibility of a US-Iran peace deal
Published 2026-05-25 · Bazaar Watch Research
- Gold prices on MCX rose on Monday morning.
- The dollar index declined by nearly 0.30%.
- A weaker dollar makes greenback-denominated bullion cheaper for buyers in other currencies.
- The dollar's weakness stemmed from rising US-Iran peace deal possibilities.
- Existing gold investors may see short-term gains on their holdings.
- New gold buyers might find bullion relatively more affordable in rupees.
- Review your current gold allocation and consider profit booking if goals are met.
- Evaluate fresh gold investments, factoring in global dollar trends.