Gold price today, May 16 -- Gold rates traded lower in the domestic futures market Friday morning as the dollar's rise against its peers and fading trade war risks continued to weigh on demand for the safe-haven asset. MCX Gold June 5 contracts traded 0.41 per cent lower at Rs.92790 per 10 grams around 9:15 AM.

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

Published by HT Digital Content Services with permission from MINT....