WIRE — Rates of precious metals in futures opened with a weak bias on Wednesday, July 08, 2026, after fresh US strikes on Iran lifted oil and the dollar ahead of the release of the Federal Reserves June meeting minutes. The gold August 5 contract on the Multi Commodity Exchange (MCX) opened with a drop of Rs 192, or 0.13 per cent, to Rs 1,45,200 per 10 grams, against the previous close of Rs 1,45,392. It fell further to an intraday low of Rs 1,44,750, down Rs 642 or 0.44 per cent. In between, it touched an intraday high of Rs 1,45,356. Last seen, it was trading at Rs 1,45,162, down Rs 230, or 0.16 per cent.
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