Gold rate today, April 16 -- Gold prices opened higher on the MCX on Thursday, April 16, amid weakness in the US dollar, while investors remained focused on emerging signs in the US-Iran conflict that could impact risk appetite.

MCX gold June futures rose abut 0.50% to Rs.1,54,668 per 10 grams, while MCX silver May futures jumped by more than 1% to Rs.2,55,735 per kg in early deals.

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 declined by 0.20%, while Brent Crude prices were largely flat, trading near $95 per barrel.

Gold and silver prices are witnessing h...