New Delhi: Gold prices experienced a resurgence in domestic trade on Thursday, 24 April 2025, despite international markets being under strain due to easing trade tensions between the US and China.

According to Azeri-Press News Agency, on the Multi Commodity Exchange (MCX), June gold futures increased by 1.35 percent or Rs 1,279, closing at Rs 96,188 per 10 grams. Conversely, silver futures for May delivery fell by 0.24 percent or Rs 238, settling at Rs 97,685 per kilogram.

The rise in domestic gold prices came after a turbulent trading session globally. Gold experienced its steepest single-day decline in five years following a statement by US President Donald Trump, who signaled a more lenient approach towards China tariffs. This announcement improved investor confidence, resulting in a rise in U.S. equities and a stronger dollar, both factors that impacted gold prices negatively.