Analysts attributed the decline in precious metal prices to weaker spot demand.
| Photo Credit:
istock.com
Gold prices on Friday dropped by ₹248 to ₹1,40,100 per 10 grams in futures trade amid a fall in spot demand.
On the Multi Commodity Exchange, yellow metal contracts for August delivery traded lower by ₹248, or 0.18 per cent, at ₹1,40,100 per 10 grams in a business turnover of 1,026 lots.
Analysts attributed the decline in precious metal prices to weaker spot demand.
Globally, gold futures fell by 0.23 per cent to $3,985.52 per ounce in New York.
Published on July 17, 2026
