Gold, silver prices today, 24 July: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

Gold and silver retail prices declined in India on 24 July, with MCX gold down 0.38% at ₹142,920 per 10 grams and MCX silver down 0.51% at ₹218,630 per kg.

Oil prices surged after attacks on tankers in the Red Sea and US President Donald Trump's threat of a 'massive attack' against Iran, with Brent crude crossing $100 per barrel.

The Trump administration imposed new tariffs of 10% to 12.5% on 60 trade partners, replacing expiring temporary global tariffs, citing forced-labour violations.

US stock markets fell, with Dow Jones losing 0.97%, S&P 500 dropping 1.21%, and Nasdaq declining 2.15% amid geopolitical tensions and tariff news.