Globally, gold futures declined by 0.58% to $4,449.01 per ounce in New York.

Gold prices on Friday dropped ₹1,536 to ₹1,58,011 per 10 grams in futures trade amid a fall in spot demand.

On the Multi Commodity Exchange, gold contracts for the August delivery traded lower by ₹1,536, or 0.96 per cent, at ₹1,58,011 per 10 grams in a business turnover of 1,265 lots.

Analysts attributed the fall in gold prices to weak global cues.

Globally, gold futures declined by 0.58 per cent to $4,449.01 per ounce in New York.

Published on June 5, 2026