Gold rate today, May 9 -- Gold prices slipped in the domestic futures market Friday morning, tracking weak global cues and softer demand in the domestic spot market. MCX Gold June 5 contracts traded 0.24 per cent down at Rs.95,940 per 10 grams around 9:10 AM.

International gold prices declined after US President Donald Trump announced a trade deal with the UK. As concerns over a trade war fade and expectations of trade agreements with major economies, such as China, India, and Japan, rise, gold's safe-haven appeal is weakening.

"Gold prices declined to approximately $3,300 per troy ounce, pressured by a firmer US dollar and easing investor demand for the non-yielding asset amid improving global trade sentiment," said Jigar Trivedi, Seni...