New Delhi, June 24 -- Gold, silver prices in your city, June 24: Gold prices are facing fresh downward pressure after U.S. President Donald Trump announced a ceasefire in the Iran-Israel conflict, leading to a decline in demand for traditional safe-haven assets.

As geopolitical tensions subside, market focus is returning to underlying fundamentals, which at present provide limited support for further gains in gold.

Experts believe that gold and silver serve as safe-haven assets that cautious investors can rely on to protect their portfolios.

In the last two decades, gold prices have surged by an astounding 1,200 per cent, rising from Rs.7,638 in 2005 to over Rs.1,00,000 by June 2025, while posting positive returns in 16 years. So far i...