Gold rate crashes 2% on MCX on profit booking; RBI MPC outcome in focus; experts highlight key levels to watch

Gold rate declined sharply on Friday. MCX gold April futures dropped by nearly ₹2,700, or almost 2%, to ₹1,49,396 per 10 grams, while MCX silver March contracts crashed by ₹14,600, or 6%, to ₹2,29,187 per kg.