Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Gold Futures Plummet Rs 849 Amid Global Price Drop

Guavy AI Editorial Team
Instruments
Gold
Share

Gold futures in India dropped by Rs 849 to Rs 1,41,972 per 10 grams on MCX due to weaker spot demand. This decline was also seen globally with gold futures falling by 0.47% to USD 4,030.29 per ounce in New York.

The drop in precious metal prices can be attributed to the decrease in demand for yellow metal. Analysts pointed out that the lower price is a result of weaker spot demand.

On the Multi Commodity Exchange (MCX), gold contracts for August delivery traded at Rs 1,41,972 per 10 grams in a business turnover of 729 lots.

More on Commodities

Commodities just now

Turkish Natural Gas Market Sees Decline in Trade Volume

Commodities just now

Saudi Oil Rerouted Through Suez Canal Amid Disruptions

Commodities 1m ago

Robinhood's Natural Gas Price Contract Kicks Off

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy