Gold price today, Dec. 16 -- The rates of gold and silver traded lower on the MCX in morning trade on Tuesday, December 16, due to profit booking amid softer spot demand and lack of fresh triggers. MCX gold February futures were 0.48% down at Rs.1,33,492 per 10 grams around 9:10 am, while MCX silver March contracts were 1.64% down at Rs.1,94,657 per kg at that time.

However, international gold prices were trading near a record high of around $4,300 per troy ounce as the US dollar dropped to near a two-month low.

Investors now await the US nonfarm payrolls report later in the day for more clues on the Federal Reserve's monetary policy outlook.

Experts expect gold and silver prices to remain volatile this week, reacting to U.S. macroecon...