New Delhi, April 23 -- Gold price on Multi Commodity Exchange of India (MCX) fell on Wednesday, tracking weakness in international bullion prices, amid denting safe-haven appeal on hopes of easing US-China trade tensions.

MCX gold rate for June contract opened lower by Rs.840 or 0.86% at Rs.96,500 per 10 grams as against previous close of Rs.97,350. The yellow metal dropped by Rs.1,883 to hit an intraday low of Rs.95,457 per 10 grams.

At 9:05 AM, MCX gold price was trading lower by Rs.1,358, or 1.40% at Rs.95,982.00 per 10 grams. MCX Silver rate was down 0.47% at Rs.96,803 per kg.

In the international market, gold prices declined as US President Donald Trump retracted his threats to dismiss Federal Reserve Chair Jerome Powell and expre...