Gold futures decline to ₹1,49,340/10 gm amid a fall in spot demand

SENSEX 74,315.61

+ 1,533.72

NIFTY 22,997.35

+ 374.65

CRUDEOIL 9,270.00

+ 154.00

GOLD 147,484.00

+ 1,636.00

SILVER 210,700.00

+ 2,362.00

SENSEX 74,315.61

+ 1,533.72

NIFTY 22,997.35

+ 374.65

NIFTY 22,997.35

+ 374.65

CRUDEOIL 9,270.00

+ 154.00

CRUDEOIL 9,270.00

+ 154.00

GOLD 147,484.00

+ 1,636.00

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Globally, gold futures declined by 1.17% to $4,115.31 per ounce in New York

By PTI

Updated - October 16, 2026 at 01:52 AM. | New Delhi, Oct 7

The decline in price was attributed to a drop in spot demand | Photo Credit: Stiggdriver

Gold prices on Wednesday dropped ₹780 to ₹1,49,340 per 10 grams in futures trade amid a fall in spot demand.

On the Multi Commodity Exchange, yellow metal contracts for December delivery traded lower by ₹780, or 0.52 per cent, at ₹1,49,340 per 10 grams in a business turnover of 2,432 lots.

Analysts attributed the decline in precious metal prices to weaker spot demand.

Globally, gold futures declined by 1.17 per cent to $4,115.31 per ounce in New York.

Published on October 7, 2026

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