{
  "id": 2128182,
  "title": "Gold rises ₹264 to ₹1.58 lakh/10g on weak US dollar",
  "url": "https://urgent.news/2026/08/20/gold-rises-264-to-1-58-lakh-10g-on-weak-us-dollar",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-20T11:28:15.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/gold/gold-rises-264-to-158-lakh10g-on-weak-us-dollar/article71368617.ece"
  },
  "original_language": "en",
  "account": "Gold prices surged by ₹264 to ₹1.58 lakh per 10 grams on Thursday, reacting to weakening US dollar and easing US Treasury yields, according to futures trading data. The Multi Commodity Exchange reported a turnover of 10,450 lots for October delivery, with prices rising 0.17 per cent to ₹1,58,260 per 10 grams. Analysts cited easing Treasury yields and a weaker dollar as key factors supporting gold prices, while inflation concerns, high crude oil prices and geopolitical tensions continue to limit upside potential. Comex gold futures for December delivery in New York remained flat at $4,546 per ounce. Manav Modi, Commodities Analyst at Motilal Oswal Financial Services Ltd., noted that the US Treasury's decision to double buyback operations for longer-dated bonds to $4 billion could bolster bullion markets by providing liquidity support and reducing long-term borrowing costs. Meanwhile, Federal Reserve policymakers expressed ongoing concerns about persistent inflation and the potential need for further rate hikes if price pressures do not ease. Investors are expected to monitor US weekly jobless claims and the Philadelphia Fed manufacturing index later in the day.",
  "summary": "On the MCX, October gold futures rose by ₹264, or 0.17%, to ₹1,58,260 per 10 grams in a business turnover of 10,450 lots",
  "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."
}