Archive · 1 Sep 2026
Gold Futures Slip as Spot Demand Weakens
Gold prices went down in futures trading.
Futures are agreements to buy or sell something later at a set price.
The price fell by Rs 2,045 for every 10 grams of gold.
October gold contracts dropped by 1.31 per cent.
Analysts said fewer buyers in the immediate market helped push prices lower.
Gold futures also fell in international trading.
The global price reached $4,432.51 per ounce.
This means gold became less expensive in both the reported local and global markets.
Gold futures fell by Rs 2,045 to Rs 1,54,236 per 10 grams.
The decline was attributed to weaker spot demand.
October-delivery gold contracts dropped 1.31 per cent in 2,680 lots.
Global gold futures declined 0.51 per cent to $4,432.51 per ounce.
The global gold futures price was reported in New York.
- Who
- Gold futures and analysts tracking precious-metal prices.
- What
- Gold futures declined amid weaker spot demand.
- When
- During the reported futures trading session; the contracts referenced were for October delivery.
- Where
- The local futures market and New York for global trading.
- Why
- Analysts attributed the decline to weaker spot demand.
- Local price change
- Gold prices dropped by Rs 2,045 per 10 grams.
- Local price
- Gold traded at Rs 1,54,236 per 10 grams.
- Contract
- The reported contracts were for October delivery.
- Contract decline
- October-delivery contracts fell 1.31 per cent.
- Trading volume
- The contracts traded in 2,680 lots.
- Global price
- Global gold futures declined to $4,432.51 per ounce.
- Global decline
- Global gold futures fell 0.51 per cent in New York.
