Gold price today, April 17 -- Gold rates were volatile in early deals on the MCX on Friday (17 April) morning, with focus on emerging signs surrounding a potential US-Iran peace deal. However, a weaker dollar and a fall in crude oil prices supported the yellow metal.

MCX gold June futures were 0.04% down at Rs.1,53,086 per 10 grams around 9:05 am, while MCX silver May contracts were 0.34% up at Rs.2,49,469 per kg at that time.

International gold prices were set for a fourth consecutive weekly gain, supported by hopes for a US-Iran peace deal, easing fears of elevated inflation and the resulting higher interest rates.

(This is a developing story. Please check back for fresh updates.)

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