India, July 4 -- Gold prices were choppy on July 4, 2026, with domestic bullion markets seeing mild profit-booking even as the US Federal Reserve adopted a relatively less hawkish tone. Gold on Multi Commodity Exchange (MCX) declined around Rs.1.44 lakh per 10 grams but buying interest pushed August futures higher to around Rs.1,47,710 up Rs.1,952 (1.34%) during intraday trade. Bullion was supported by softer-than-expected US payroll data that dampened expectations of a Federal Reserve rate hike in the near term while the probability of a September rate hike fell to 54% from 66% before the jobs report, according to CME FedWatch. The softer outlook weighed on the US dollar and boosted demand for gold as a safe-haven asset.

In India 24-car...