Gold price today, May 5 -- Gold rate climbed on the MCX on Tuesday (5 May) morning, largely due to value buying after strong losses in the previous session, but a strong dollar and inflation concerns capped gains for the yellow metal.

MCX gold June futures traded 0.13% up at Rs.1,49,526 per 10 grams, while MCX silver July futures were 0.04% down at Rs.2,43,798 per kg around 9:10 am.

Gold June futures contract settled at Rs.1,49,339 per 10 grams, losing over 1% and silver July futures contract settled at Rs.2,43,895 per kilogram, falling nearly 3%.

International gold prices also rose on Tuesday from a more than one-month low hit in the previous session. However, gains were limited as crude oil prices rose again, stoking inflation fears ...