Gold price falls on MCX today: India’s rupee defence measures, import duty hike explained | May 2026
Gold futures on the Multi Commodity Exchange fell 0.48% to ₹1,58,311 per 10 grams on Wednesday morning as a combination of global pressure and India-specific policy tightening weighed on domestic bullion prices. The decline comes even as the government scrambles to contain the economic damage from the Iran war — a crisis that has sent oil prices surging 50%, driven…
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