MCX GOLD₹1,49,311-0.72%MCX SILVER₹2,26,240+0.16%MCX CRUDE₹8684.00-2.60%MCX COPPER₹1411.50+0.85%MCX NAT GAS₹294.70+2.50%USD / INR₹96.54+0.04%COMEX GOLD$4,169+0.30%WTI CRUDE$89.22-0.23%MCX GOLD₹1,49,311-0.72%MCX SILVER₹2,26,240+0.16%MCX CRUDE₹8684.00-2.60%MCX COPPER₹1411.50+0.85%MCX NAT GAS₹294.70+2.50%USD / INR₹96.54+0.04%COMEX GOLD$4,169+0.30%WTI CRUDE$89.22-0.23%
MCX GOLD₹1,49,311-0.72%MCX SILVER₹2,26,240+0.16%MCX CRUDE₹8684.00-2.60%MCX COPPER₹1411.50+0.85%MCX NAT GAS₹294.70+2.50%
as of 2026-10-06 03:40 IST
metalsFlash

MCX Gold Slides 0.72% on Rupee Weakness

Source: BhaavBrief Intelligence
MCX Gold Slides 0.72% on Rupee Weakness

WHAT HAPPENED MCX Gold declined to 149311 INR/10g at 12:50 am IST, posting a −0.72% loss from the previous close. The pullback extends the broader weakness seen across the session, following an earlier recovery to 152950 INR/10g at 07:17 pm IST. USD/INR edged up to 96.54 INR (+0.04%), eroding rupee support for bullion. Silver tracked sideways at 226240 INR/kg (+0.16%), while crude oil weakened sharply to 8684 INR/bbl (−2.60%).

WHAT IT MEANS Gold remains range-bound between 149311–152950 INR/10g, with rupee strength limiting upside. The USD/INR climb to 96.54 INR continues to pressure gold despite broader commodity weakness in crude. Traders holding positions near 149311 INR/10g face support tests, while the rupee's directional bias will remain the primary lever for intraday volatility.

WHAT TO WATCH Watch the 148500 INR/10g support level. A break below this would signal deeper weakness; a recovery above 151000 INR/10g would suggest renewed strength ahead of the Asian open.

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