India, June 12 -- Gold prices traded higher in early deals on Friday. The gains came after US President Donald Trump claimed that the conflict involving Iran was "settled, subject to finalisation," and said he expected an agreement to be signed in the "next few days."

The gold and silver prices were up, with precious metals extending gains on the Multi Commodity Exchange (MCX).

At around 9:32 am, MCX gold for August delivery was trading almost Rs.800 higher at Rs.1,50,320 per 10 grams.

Silver also witnessed gains during the session. MCX silver futures were up Rs.2291 at Rs.2,43,720 per kilogram.

The rise in metal prices comes after weeks of uncertainty triggered by the conflict involving the US, Israel and Iran. Investors have closely...