New Delhi, April 16 -- Gold and silver prices on 16 April: The yellow metal's rates in India rose modestly by 0.49 % in the domestic futures market on Thursday, continuing to trade above the Rs.150,000 level over the last few sessions.

On Thursday, 16 April, MCX Gold 5 June contracts were priced at Rs.154,702 per 10 grams. Meanwhile, MCX Silver 5 May contracts was up by 1.1 % at Rs.254,514 per kg at around 9:30 am today. These gains are attributed to the US dollar's weakness, while investors remained focused on emerging signs in the US-Iran situation that will impact risk appetite.

Meanwhile, international gold prices eased after hitting a one-month high amid speculation about the next round of US-Iran talks and the impact of geopolitic...