Archive · 2 Sep 2026
Gold Futures Fall as Silver and Crude Oil Prices Rise
Gold futures became slightly cheaper because fewer people wanted to buy gold in the spot market.
October gold contracts fell to Rs 1,54,252 per 10 grams.
Gold prices also slipped in the overseas market.
Silver futures became more expensive in the domestic market because traders opened fresh positions.
However, silver prices fell in the overseas market.
Crude oil futures rose as global market trends were positive.
Brent crude reached $91.75 per barrel, while West Texas Intermediate reached $87.14.
These figures show that different commodities moved in different directions.
Gold futures for October delivery fell Rs 208, or 0.13%, to Rs 1,54,252 per 10 grams amid weaker spot demand.
Gold futures recorded business turnover of 2,452 lots, while global gold futures declined 0.12% to $4,432.26 per ounce.
Silver futures for December delivery rose 0.19% to Rs 2.40 lakh per kg as participants built fresh positions across 2,655 lots.
Silver futures declined 0.17% overseas to $66.46 per ounce, contrasting with the domestic increase.
Crude oil futures rose Rs 106, or 1.3%, to Rs 8,255 per barrel, while Brent crude and West Texas Intermediate also gained globally.
- Who
- Market participants and analysts involved in gold, silver, and crude oil futures trading.
- What
- Gold futures declined, while silver and crude oil futures rose in domestic trading.
- When
- During the reported futures trading session; the contracts covered September, October, and December deliveries.
- Where
- Domestic futures trading in New Delhi, with global prices reported from New York.
- Why
- Gold fell because of weaker spot demand; silver rose because of fresh position-building, and crude oil gained amid positive global trends and increased bets by participants.
- Gold futures
- October delivery fell Rs 208, or 0.13%, to Rs 1,54,252 per 10 grams.
- Gold turnover
- The October gold contract recorded business turnover of 2,452 lots.
- Silver futures
- December delivery rose 0.19% to Rs 2.40 lakh per kg across 2,655 lots.
- Global silver
- Silver futures declined 0.17% to $66.46 per ounce overseas.
- Crude oil futures
- September delivery rose Rs 106, or 1.3%, to Rs 8,255 per barrel.
- Brent crude
- Brent crude rose 1.39% to $91.75 per barrel.
- West Texas Intermediate
- West Texas Intermediate gained 1.61% to $87.14 per barrel.