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Gold futures decline to ₹1.52 lakh/10gm

On the Multi Commodity Exchange, yellow metal contracts for October delivery traded lower by ₹398, or 0.26%, at ₹1,52,072 per 10 grams in a business turnover of 8,493 lots

Gold futures decline to ₹1.52 lakh/10gm

Gold prices experienced a decline of ₹398, reaching ₹1,52,072 per 10 grams in futures trade on Thursday, according to the Multi Commodity Exchange. The downward movement was 0.26 percent, with a trading volume of 8,493 lots. Analysts cited weaker spot demand as the primary reason behind the drop in precious metal prices. Internationally, gold futures also experienced a 0.40 percent decrease, settling at $4,369.76 per ounce in New York.

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