14 Oct 2026 | 3 Mins Read
Gold drops 1% on MCX as sharp rupee appreciation pressures bullion prices
Flipitmoney
Gold prices declined on Wednesday as the rupee strengthened sharply against the US dollar, pressuring domestic bullion rates. MCX spot gold fell 1.03% to Rs 1,45,615 per 10 grams, while gold futures slipped 0.33% to Rs 1,47,956. International spot gold dropped 0.528%, hovering above $4,150 per ounce. Markets await US CPI data for further direction.