The highest rate of MCX Gold in history was reached on March 23, 2023, when the price of gold per 10 grams hit a record high of Rs 60,455 on the Multi Commodity Exchange (MCX) in India. This was in line with the global trend of rising gold prices due to various factors such as the uncertainty caused by the COVID-19 pandemic, the weakening of the US dollar, low-interest rates, and geopolitical tensions. The increase in demand for gold as a safe-haven asset and a hedge against inflation also contributed to the rise in MCX Gold prices. However, like the global gold market, the value of MCX Gold has fluctuated over time and is subject to various economic and political factors that affect commodity prices.