Gold futures see a mild weekly dip on MCX
Gold futures for December delivery on the Multi Commodity Exchange (MCX) slipped modestly over the past week, falling by ₹165 or 0.14%. The contract settled at ₹1,21,067 per 10 grams on Friday.
What the small decline tells us
The drop was limited, signalling that sentiment around gold remains relatively stable. A move of this size suggests short-term pressures rather than a sustained sell-off, and the metal continues to be watched as a hedge and portfolio diversifier.
Factors investors typically watch
While the weekly change was small, several broader factors usually influence gold prices and may determine the near-term direction:
- Global economic data — Inflation prints and growth numbers can shift demand for safe-haven assets.
- Interest rate expectations — Central bank policy signals tend to affect bullion by changing real yields.
- Dollar strength — A firmer rupee or dollar can weigh on local gold prices.
- Geopolitical events — Any rise in uncertainty typically supports gold demand.
What to watch next
Investors and traders will likely keep an eye on upcoming economic releases, central bank commentary and currency movements. These will be key to determining whether gold resumes gains or sees further consolidation in the near term.