New Delhi, Oct 3 (PTI) Gold prices fell Rs 643 to Rs 1,16,945 per 10 grams in futures trade on Friday, retreating from record high as investors booked profits amid caution over the US government shutdown and Fed policy outlook.
On the MCX, gold futures for December delivery declined Rs 643 or 0.55 per cent to Rs 1,16,945 per 10 grams in a turnover of 15,733 lots, snapping a five-day winning streak.
On Wednesday, the contract had scaled a lifetime high of Rs 1,18,444 per 10 grams.
Similarly, the February 2026 contract for the yellow metal futures depreciated by Rs 646 or 0.54 per cent to Rs 1,18,213 per 10 grams. In the previous session, the precious metal had touched an all-time high of Rs 1,19,674 per 10 grams.
"Gold prices saw mild profit-taking on Friday, following a sharp rally of