India, April 30 -- Mirroring the performance seen in the previous session, gold futures regained ground after falling sharply in early trading on Wednesday but still ended the day lower.
After falling as much as $50.80 or 1.5 percent to an intraday low of $3,268 an ounce, gold for May delivery closed down $13.80 or 0.4 percent at $3,305 an ounce.
Despite ending the month on a downbeat note, the price of gold for May delivery soared by $182.20 or 5.8 percent in April.
Gold initially came under pressure on yesterday's positive news on the trade front, with Commerce Secretary Howard Lutnick telling CNBC the Trump administration had reached its first trade deal.
Lutnick declined to name the country involved but said he expects their prime m...