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Gold Futures Drop to Rs 1,47,972 per 10 Grams on Weak Demand
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News18•14-10-2026, 14:45
Gold Futures Drop to Rs 1,47,972 per 10 Grams on Weak Demand
- •Gold prices declined by Rs 478 to Rs 1,47,972 per 10 grams in futures trade.
- •The drop was primarily driven by muted spot demand in the domestic market.
- •On the Multi Commodity Exchange, December contracts traded lower by 0.32 per cent.
- •Globally, gold futures also saw a decline of 0.29 per cent to USD 4,148.84 per ounce in New York.
Key Questions Answered
Analysts attributed the decline in gold futures prices to muted and weaker spot demand.
The December delivery gold contracts recorded a business turnover of 1,947 lots on the Multi Commodity Exchange.
In New York, global gold futures declined by 0.29 per cent to USD 4,148.84 per ounce.