Gold prices in the national capital experienced a sharp decline of Rs 1,800 to Rs 95,050 per 10 grams, driven by a global retreat in precious metals amid improved geopolitical and trade conditions. Investors are moving away from gold’s traditional safe-haven appeal as recent developments, including a temporary US-China tariff truce and easing India-Pakistan tensions, reduce market uncertainty. Silver prices mirrored the downturn, falling Rs 1,000 to Rs 97,000 per kilogram.