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(05/06/2026 13:02)

Gold futures slip below Rs 1.59 lakh on weak global cues

Gold prices declined on Friday, with futures contracts falling by Rs 1,536, or 0.96%, to Rs 1,58,011 per 10 grams, amid subdued spot demand and weak global market signals.

On the Multi Commodity Exchange, gold contracts for August delivery traded lower at Rs 1,58,011 per 10 grams, with a business turnover of 1,265 lots.

Market analysts attributed the decline to weak global cues and softer demand, which weighed on investor sentiment in the precious metals market.
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