Gold futures rebound on value buying after steep sell-off
India, June 26 -- Gold futures recovered marginally on Thursday, rising Rs 405 to Rs 1.41 lakh per 10 grams as traders resorted to value buying after a sharp selloff, even as concerns over a strong dollar and the US interest-rate outlook kept sentiment cautious.
On the Multi Commodity Exchange (MCX), the yellow metal for August delivery increased by Rs 405, or 0.29 per cent, to Rs 1,41,675 per 10 grams in a business turnover of 10,375 lots. Despite the recovery, the precious metal remained near a six-month low after plunging Rs 5,259, or 3.6 per cent, in the previous session to settle at Rs 1,41,270 per 10 grams. Gold was last seen around these levels on December 16, 2025, when it traded at Rs 1,41,600 per 10 grams on the MCX.
"Gold pri...
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