Gold rate today, April 16 -- Gold prices declined on the MCX in early deals on Thursday, April 16, amid profit booking amid a volatile US dollar, while investors remained focused on emerging signs in the US-Iran situation that will impact risk appetite.

International gold prices also eased after hitting a one-month high amid speculations about the next round of the US-Iran talks and the impact of geopolitical developments on the interest rate trajectory in the US.

The dollar index eased by 0.20%, while Brent Crude prices were largely flat, trading near the $95 per barrel mark.

Gold and silver prices are witnessing high volatility as investor risk appetite appears to be returning amid emerging signs that the US and Iran may find a way t...