New Delhi, June 4 -- Gold rate rose in morning deals on MCX on Thursday, 4 June, supported by a slightly weaker dollar and higher crude oil prices, even as investors continue to focus on developments surrounding a potential US-Iran peace deal.

MCX gold rate today for August futures contracts was trading 0.35% higher at Rs.1,59,110 per 10 grams. MCX silver futures, on the other hand, were trading 0.11% higher at Rs.2,64,060 per kg at around 9:24 am.

The war in the Middle East continues to drag on, with the US military recently stating that Iranian missile attacks on Bahrain, ​Kuwait and other regional targets were either thwarted or failed as the possibility of peace and ​diplomacy between Washington and Tehran showed little ...