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Gold Futures Climb to Rs 1.49 Lakh per 10 Grams on Strong Spot Demand
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News18•08-10-2026, 14:00
Gold Futures Climb to Rs 1.49 Lakh per 10 Grams on Strong Spot Demand
- •Gold prices rose by Rs 157 to Rs 1,49,260 per 10 grams in futures trade as speculators built fresh positions.
- •The price increase was driven by firm spot demand in the domestic market.
- •On the Multi Commodity Exchange, the December delivery contract traded 0.11 per cent higher with a turnover of 2,051 lots.
- •Gold futures also saw an upward trend globally, rising 0.34 per cent to USD 4,125.13 per ounce in New York.
Key Questions Answered
Gold futures rose because speculators and market participants created fresh positions driven by firm spot demand in the market.
The yellow metal contract for December delivery increased by Rs 157, or 0.11 percent, reaching Rs 1,49,260 per 10 grams.
Gold futures in New York saw an increase of 0.34 percent, reaching USD 4,125.13 per ounce.