New Delhi, July 19 -- Gold prices on the Multi Commodity Exchange (MCX) advanced on Friday, mirroring gains in the international bullion market, supported by a weaker US dollar. Meanwhile, silver prices remained largely unchanged.

MCX gold rate rose by Rs.542, or 0.56%, to close the session at Rs.98,015 per 10 grams. On a weekly basis, MCX gold prices registered a modest gain of 0.20%. In contrast, MCX silver prices edged down 0.01% to settle at Rs.1,12,935 per kg. Over the week, silver price declined marginally by 0.05%, after touching a record high of Rs.1,15,136 per kg earlier in the week. This followed a sharp 4.2% rally in the previous week.

In the international bullion market, gold prices strengthened as safe-haven demand increase...