{
  "id": 12637063,
  "title": "Gold Extends Slide To ₹1.48 Lakh Per 10 Grams In Delhi Amid Weak Demand",
  "url": "https://urgent.news/2026/10/07/gold-extends-slide-to-1-48-lakh-per-10-grams-in-delhi-amid-weak-demand",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T13:26:26.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/gold-extends-slide-to-148-lakh-per-10-grams-in-delhi-amid-weak-demand"
  },
  "original_language": "en",
  "account": "New Delhi experienced a decline in gold prices on October 7, 2026, as the precious metal faced weak demand and sagging global trends. The price of 99.9% pure gold slipped by Rs 700 to Rs 1,48,900 per 10 grams, marking a one-week low. The rate includes all taxes and falls short by Rs 600 compared to Tuesday's closing price of Rs 1,49,600. Analyst Saumil Gandhi attributed the drop to unfavorable global cues and limited retail demand. The rupee's depreciation, which fell 43 paise to close at 96.78 against the US dollar on Wednesday, also played a role in limiting gold's upside.",
  "summary": "New Delhi, October 7, 2026: Gold prices fell for the second straight session, declining Rs 700 to Rs 1.48 lakh per 10 grams in the national capital on Wednesday, as subdued local demand and weak global trend weighed on the precious metal. The yellow metal of 99.9 per cent purity fell to a one-week low, depreciating Rs 700 to Rs 1,48,900 per 10 grams, inclusive of all taxes, from Tuesday's closing…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}