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Gold price today: 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 ₹1,52,877 per 10 grams, while MCX silver May contracts were flat at ₹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.

(This is a developing story. Please check back for fresh updates.)

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stories by Nishant Kumar

Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.

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