Gold Futures Drop to Rs 1,52,558/10g on Weak Demand

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Jun 16, 2026 12:17

Gold futures dropped by Rs 358 to Rs 1,52,558 per 10 grams on MCX due to weak spot demand and global cues. Global gold also declined in New York.

Gold Futures Drop to Rs 1,52,558/10g on Weak Demand

New Delhi, Jun 16 (PTI) Gold prices on Tuesday dropped by Rs 358 to Rs 1,52,558 per 10 grams in futures trade amid a fall in spot demand.

On the Multi Commodity Exchange, gold contracts for August delivery traded lower by Rs 358, or 0.23 per cent, at Rs 1,52,558 per 10 grams in a business turnover of 8,822 lots.

Analysts attributed the fall in yellow metal prices to weak global cues.

Globally, gold futures declined by 0.15 per cent to USD 4,318.05 per ounce in New York.

Source: PTI By Rediff Money Desk, New Delhi

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