Romania Alin George won Gold and Italy's Campriani won Silver.
While Gagan Narang's final score was 701.1, Romania's Alin George Moldoveanu scored 702.1 points.
Narang shot 103.1 in a gripping ten-shot finals for an aggregate of 701.1 after scoring 598 in the qualifying round in which also he stood third
"We convey our heartiest congratulations to Narang", Mishra said.