Gold rate today, April 16 -- Gold prices rose on the MCX on Thursday, April 16, morning amid the US dollar's weakness, while investors remained focused on emerging signs in the US-Iran situation that will impact risk appetite.

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

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 to end their conflict in the comi...