Gold price today, July 18 -- Gold rates were lacklustre in the domestic futures market Friday (July 18) morning as easing tariff-related concerns, fading US Fed rate cut hopes, and low spot market demand weighed on the yellow metal's safe-haven demand. MCX Gold August 5 contracts traded flat at Rs.97,477 per 10 grams around 9:40 AM. However, MCX Silver September 5 contracts were up 0.31 per cent at Rs.1,12,680 at that time.

Gold prices have been volatile in recent times, despite a largely stable dollar and healthy US macro prints.

The dollar index looked set to extend gains to the second straight week. A stronger dollar makes bullion more expensive for other currency holders, denting its demand.

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