Gold prices rebounded in domestic trade on Thursday, 24 April 2025, even as international markets remained under pressure due to easing US-China trade tensions, APA-Economics reports citing Zee Business.
On the Multi Commodity Exchange (MCX), June gold futures rose by 1.35 per cent or Rs 1,279, closing at Rs 96,188 per 10 grams. In contrast, silver futures for May delivery slipped by 0.24 per cent or Rs 238 to settle at Rs 97,685 per kilogram.
The uptick in domestic gold prices followed a volatile trading session globally, where gold saw its steepest single-day fall in five years after US President Donald Trump indicated a softening stance on China tariffs. The statement helped lift investor sentiment, pushing U.S. equities higher and strengthening the dollar — both of which weighed on the precious metal.
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