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Gold Futures Surge to Rs 1.47 Lakh on Strong Spot Demand
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News18•15-10-2026, 12:15
Gold Futures Surge to Rs 1.47 Lakh on Strong Spot Demand
- •Gold prices rose by Rs 1,353 to reach Rs 1,47,201 per 10 grams in futures trade.
- •The increase was driven by speculators creating fresh positions amid firm spot demand.
- •On the Multi Commodity Exchange, the December delivery contract traded 0.93 per cent higher with a business turnover of 1,567 lots.
- •Gold futures also saw an upward trend internationally, rising 0.81 per cent to USD 4,138.72 per ounce in New York.
Key Questions Answered
Gold futures rose by Rs 1,353 to Rs 1,47,201 per 10 grams on the Multi Commodity Exchange as market participants and speculators created fresh positions driven by firm spot demand.
Gold futures in New York experienced a 0.81 per cent increase, reaching USD 4,138.72 per ounce.
The December gold delivery contract recorded a business turnover of 1,567 lots on the Multi Commodity Exchange.