Bullion Update

By Kartik Sharma , 16 March 2026

Gold prices began the week with a notable decline in the domestic futures market, reflecting bearish sentiment in global commodities and the strengthening of the US dollar. Gold futures dropped by Rs.2,225, or 1.4%, settling at around Rs.1,56,241 per 10 grams during Monday’s trading session. The correction was influenced by rising global energy prices and speculation that the US Federal Reserve may postpone anticipated interest rate cuts. These developments have strengthened the US currency and reduced investor appetite for bullion in the short term.