India, July 9 -- Gold Price Today (09 July 2026): The price of gold stayed volatile on July 9, 2026, with Indian futures on the MCX declining close to Rs 1.44 lakh per 10 grams due to signals emanating from the US Federal Reserve that did not indicate an increased degree of aggression. The US Federal Reserve's more accommodative position is usually bullish for gold since lower interest rates imply lower opportunity costs of holding non-interest bearing assets like gold but traders were wary of buying the yellow metal as the factors influencing sentiments included a strong dollar, higher Treasury yields and crude oil volatility and political tensions in the Middle East region.

Gold futures contracts on the MCX for August were quoted at Rs...