Gold price today, May 4 -- Gold rate declined on the MCX in morning deals on Monday, 4 May, amid an uptick in the US dollar and persisting concerns over a spike in inflation due to higher-for-longer crude oil prices.

MCX gold June futures traded 0.23% lower at Rs.1,51,005 per 10 grams, while MCX silver July futures were 0.15% down at Rs.2,50,549 per kg around 9:10 am.

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