New Delhi, Aug. 14 -- Gold prices on Multi Commodity Exchange (MCX) opened marginally higher on Thursday, racking gains in international bullion prices amid increased expectations of an interest rate cut by the US Federal Reserve.

MCX gold rate opened marginally higher at Rs.1,00,297 per 10 grams level as against its previous close of Rs.1,00,185 level. MCX silver price opened 0.18% higher at Rs.1,15,239 per kg, compared with its previous close of Rs.1,15,029 level.

At 9:10 AM, MCX gold price was down by 0.03% at Rs.1,00,150 per 10 grams, while silver prices were trading 0.13% higher at Rs.1,15,180 per kg.

In the international bullion market, gold prices rose for a third day on increased bets of Federal Reserve interest-rate cuts after...