The Indian trio outplayed Denmark represented by Anna Nielsen, Emma Koch and Rikke Maeng Ibsen, 17-5 in the gold medal contest while Poland took the bronze.
Former World No.1 Elavenil, Ramita and Shreya had reached the gold medal clash after two rounds of qualification on Monday.
The Indian trio had first topped the qualification stage one with a combined effort of 944.4 across 90 shots. They then came second in stage two behind Denmark, to make the title round.
In Men’s 10m Air Rifle Team, Indian team of Rudrankksh Patil, Paarth Makhija and Dhanush Srikanth fell short in their bronze medal match against Croatia, going down 10-16.
The Indian squad now finds itself at the fifth spot in the medals tally with Serbia leading the field with two golds and a total of four medals.