Gold price today: Gold and silver rates declined in the domestic futures market Thursday (July 24) morning as easing concerns on US tariffs improved risk appetite of investors, while muted spot demand also influenced prices.
The dollar index fell to a more than two-week low of 97.11, making greenback-priced bullion less expensive for other currency holders.
Gold and silver prices are volatile amid signs of easing trade tensions.
The US has finalised a trade deal with Japan and, according to media reports, is close to a deal with the European Union (EU) that would impose 15 per cent tariffs on European imports.
India, too, is actively engaged in negotiations for a deal with the US.
Meanwhile, Prime Minister Narendra Modi is on a two-day visit to the United Kingdom (UK). During his two-day visit of July 23-24, PM Modi and his counterpart Keir Starmer are likely to sign the historic free trade agreement between India and Britain that was announced earlier in May.
(This is a developing story. Please check back for fresh updates.)
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Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
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