Gold rate today, May 10 -- Following the economic uncertainty buzz after the steady US Fed rates, gold prices witnessed strong buying last week. After losing for two successive weeks, MCX gold rates surged over 4%, whereas spot gold prices surged 2.65% last week. According to market experts, this disparity is primarily attributed to the Indian National Rupee's (INR's) depreciation of over 1%, amplified the gold price rally in the domestic market. MCX gold rates finished at Rs.96,535 per 10 gm on Friday, logging a weekly gain of Rs.3,835 per 10 gm against the previous week's close of Rs.92,700. While finishing at Rs.96,535 levels, MCX gold rate today is around Rs.2800 away from the record high of Rs.99,358 per 10 gm.

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