Gold futures prices declined Rs 437 to Rs 1,54,445 per 10 grams on Thursday, pressured by subdued demand in the spot market.
On the Multi Commodity Exchange (MCX), gold contracts for October delivery fell 0.28% to Rs 1,54,445 per 10 grams, with a business turnover of 848 lots.
Analysts attributed the decline in gold prices to weaker spot demand, which weighed on sentiment in the futures market.