New Delhi, Aug. 13 -- Gold and silver prices were lacklustre on the MCX on Thursday morning amid an elevated US dollar and 10-year bond yields, even as the US inflation data for July eased expectations of a rate hike by the US Federal Reserve in September.

MCX gold October futures were 0.05% up at Rs.1,54,960 per 10 grams, while MCX silver September contracts were 0.16% down at Rs.2,37,450 per kg around 9:10 AM.

The dollar index reclaimed the 100.02 mark, making the greenback-denominated bullion expensive for buyers in other currencies and creating a demand fatigue. The dollar index has risen about 0.50% this week.

On the other hand, the US 10-year bond yield climbed to 4.69%, weighing on gold's safe-haven appeal.

(This is a developin...