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From 6 stories, the newest dated 9 Oct 2026. Summary written 11 Oct 2026.

Multi Commodity Exchange (MCX) is the exchange on which the gold and silver futures contracts quoted in Indian bullion coverage are traded.

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Mint described the MCX gold price as a relevant input-cost and demand signal for jewellery retailers.[1] source: Mint The Hindu BusinessLine also said MCX gold price movements are relevant to Indian jewellery retailers' pricing, inventory valuation and consumer demand.[2] source: The Hindu BusinessLine

On September 22, 2026, MCX October gold futures fell ₹914 to ₹1.52 lakh per 10 grams after a stronger dollar and hawkish Federal Reserve signals.[2] source: The Hindu BusinessLine In the week to September 25, 2026, MCX gold fell ₹3,500 per 10 grams.[3] source: Mint On September 25, 2026, MCX gold rose 0.13% to ₹151,780 per 10 grams, and MCX silver futures were ₹233,810 per kg, down 0.10%.[1] source: Mint On September 28, 2026, MCX September 2026 silver futures fell ₹6,661 to ₹2,28,035 per kg, and October gold futures fell ₹3,214 to ₹1,47,667 per 10 grams.[4] source: Hindustan Times

Times of India reported in October 2026 that MCX gold futures touched a low of Rs 1,45,991/10 gm, with Indian gold prices down around 23% from their January peak.[5] source: Times of India Business Today put the MCX gold price at Rs 1,47,017 per 10 grams on October 9, 2026.[6] source: Business Today In the same report, Revenue Secretary Arvind Srivastava said the IGST exemption on gold, silver and platinum imports through banks would not be extended beyond 31 March 2026, so a 3% levy now applies.[6] source: Business Today

Sources

  1. India ends IGST exemption on bank-imported gold, silver and platinum; 3% levy now appliesBusiness Today

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