Gold price today, May 15 -- Gold rates declined in the domestic futures market on Thursday morning amid a strengthening dollar and easing concerns over the trade war and India-Pakistan conflict. MCX Gold June 5 contract traded 0.70 per cent lower at Rs.91,615 per 10 grams around 9:10 AM. In the previous session, gold's same contracts fell nearly 1.5 per cent, closing at Rs.92,265 per 10 grams.
Gold and silver prices declined in the previous session as the US-China trade negotiations dampened safe-haven demand. Easing tensions between India and Pakistan also boosted investors' appetite for riskier equities, further weighing on gold demand.
MCX Gold prices have declined by over 3 per cent over the last one week.
"On Wednesday, Gold June ...
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