New Delhi, April 9 -- Gold, silver rates today, 9 April: Gold price and silver price were under pressure on Thursday, 9 April, with investors turning cautious as the rates of crude oil rose after Israel struck Lebanon despite a ceasefire announcement by US and Iran, killing 250 people and sending waves of uncertainty across the global market.

MCX gold rate today opened with a downside gap at Rs.1,50,647 per 10 gm but quickly rebounded a little due to value buying, to rise above the Rs.1,51,000 level. However, gold price in India still remained 0.50% lower than its previous close.

Meanwhile, MCX silver rate today fell 2% or over Rs.4,700 to Rs.2,35,133 per kg as investors are still trying to assess whether the recent US-Iran ceasefire an...