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Gold Futures Dip to Rs 1,49,300 per 10 Grams Amid Weak Demand
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News18•06-10-2026, 13:45
Gold Futures Dip to Rs 1,49,300 per 10 Grams Amid Weak Demand
- •Gold prices dropped by Rs 16 to Rs 1,49,300 per 10 grams in futures trade due to falling spot demand.
- •On the Multi Commodity Exchange, December delivery contracts traded lower by 0.01 per cent with a business turnover of 1,281 lots.
- •Market analysts noted that weaker spot demand was the primary driver behind the decline in precious metal prices.
- •Globally, gold futures also experienced a downward trend, declining by 0.20 per cent to USD 4,131.19 per ounce in New York.
Key Questions Answered
Gold futures for December delivery traded lower at Rs 1,49,300 per 10 grams on the Multi Commodity Exchange.
Analysts attributed the decrease in precious metal prices to a weaker spot demand.
Globally, gold futures declined by 0.20 per cent to settle at USD 4,131.19 per ounce in New York.