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Gold Futures Drop to Rs 1,50,219 per 10 Grams Amid Weak Demand
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News18•12-10-2026, 14:00
Gold Futures Drop to Rs 1,50,219 per 10 Grams Amid Weak Demand
- •Gold prices fell by Rs 1,280 to Rs 1,50,219 per 10 grams in futures trade due to a drop in spot demand.
- •On the Multi Commodity Exchange, December delivery contracts traded lower by 0.84 per cent with a business turnover of 2,622 lots.
- •Analysts noted that the downward trend in precious metal prices was primarily driven by weaker spot market demand.
- •In international markets, New York gold futures also saw a decline of 0.25 per cent, trading at USD 4,183.59 per ounce.
Key Questions Answered
Gold contracts for December delivery traded lower by Rs 1,280, reaching Rs 1,50,219 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 0.25 per cent to settle at USD 4,183.59 per ounce in New York.