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Gold costs plunged ₹6,004 to ₹1.47 lakh per 10 grams in futures commerce on Thursday (April 2, 2026) amid intensified geopolitical tensions in West Asia that boosted the U.S. dollar and dampened the traders’ sentiment.
Snapping a four-day successful streak, the yellow metallic for the June supply plunged ₹6,004, or 3.91%, to ₹1,47,704 per 10 grams on the Multi Commodity Exchange.
Analysts mentioned valuable metallic costs declined as the U.S. dollar rebounded following remarks by President Donald Trump indicating a possible escalation within the ongoing battle with Iran.
Gold costs declined on Thursday, ending a four-day acquire, as the U.S. dollar rebounded after President Donald Trump warned that the army marketing campaign in Iran may proceed with extra intense motion over the subsequent two to three weeks, Jigar Trivedi, senior analysis analyst at IndusInd Securities, mentioned.
Published – April 02, 2026 10:05 pm IST