Gold price today, April 27 -- Gold rate traded on the MCX on Monday (27 April) morning due to profit booking as investors' focus remained on progress in US-Iran peace talks while crude oil prices jumped over 1%.
However, a slight downtick in the US dollar supported the yellow metal. Lower dollar makes greenback-backed gold cheaper for buyers in overseas currencies.
MCX gold June contracts were 0.12% up at Rs.1,52,877 per 10 grams, while MCX silver May contracts were flat at Rs.2,44,650 per kg around 9:10 am.
The dollar index declined by 0.10% during the session even as Brent Crude prices jumped over 1% to trade above the $106 per barrel level.
In the previous session, gold June futures contract ended at Rs.1,52,699 per 10 grams, risin...
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