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Gold Futures Drop Rs 2,225 to Rs 1.56 Lakh Per 10 Grams
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Gold Futures Plunge Rs 2,225 to Rs 1.56 Lakh Amid Strong Dollar, Rate Cut Fears
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News18
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16-03-2026, 11:45
Gold Futures Plunge Rs 2,225 to Rs 1.56 Lakh Amid Strong Dollar, Rate Cut Fears
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Gold futures declined by Rs 2,225 to Rs 1.56 lakh per 10 grams on Monday.
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Bearish sentiment in overseas markets and a strong US dollar contributed to the fall.
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Concerns about the Federal Reserve delaying interest rate cuts also weighed on prices.
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Holdings in gold-backed exchange-traded funds declined by 31 tonnes this month.
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International gold futures on Comex slipped to USD 5,007.39 per ounce.
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