Gold price today, April 10 -- Gold rate on MCX declined on Friday (April 10) morning due to profit booking amid a strengthening US dollar as concerns over the US-Iran ceasefire persisted and crude oil prices climbed by a per cent.

The dollar index climbed by 0.10% to 98.93, making the yellow metal expensive for overseas buyers after the US Federal Reserve's preferred inflation gauge- Personal Consumption Expenditures index- increased by 2.8% year-on-year (YoY) in February. Investors now await the US Consumer Price Index data for March, due later in the day.

Brent crude prices climbed by a per cent to trade near $97 per barrel, while WTI crude traded over $98.5 per barrel, keeping the dollar's demand elevated.

(This is a developing stor...