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Gold Futures Soar to Rs 1.50 Lakh/10 gm on Strong Spot Demand
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News18•25-09-2026, 13:45
Gold Futures Soar to Rs 1.50 Lakh/10 gm on Strong Spot Demand
- •Gold prices increased by Rs 150 to Rs 1,50,860 per 10 grams in futures trade.
- •The rise is attributed to speculators creating fresh positions due to firm spot demand.
- •On the Multi Commodity Exchange, the October delivery contract traded higher by 0.1 per cent.
- •Analysts noted that fresh positions by market participants drove the increase in precious metal prices.
- •Gold futures also saw a slight rise of 0.01 per cent to USD 4,275.38 per ounce in New York.
Key Questions Answered
Gold futures rose by Rs 150 to Rs 1,50,860 per 10 grams on the Multi Commodity Exchange because speculators and market participants created fresh positions driven by firm spot demand.
The October delivery gold contracts recorded a business turnover of 1,554 lots on the Multi Commodity Exchange.
Gold futures in New York experienced an increase of 0.01 per cent, reaching USD 4,275.38 per ounce.