Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Gold Futures Soar on Strong Spot Demand, Speculative Buying

Guavy AI Editorial Team
Instruments
Gold
Share

Gold futures rose sharply on Monday in India's futures market, driven by strong spot demand and speculative buying. On the Multi Commodity Exchange, gold contracts for October delivery traded higher by Rs 676, or 0.44 per cent, at Rs 1,55,182 per 10 grams.

The rise in prices was attributed to fresh positions built up by participants on the back of firm spot demand. Analysts said that speculators created new positions, contributing to the increase in gold prices.

Globally, gold futures also increased, rising 0.40 per cent to USD 4,394.01 per ounce in New York.

More on Commodities

Commodities 1m ago

Gold Prices in India Remain Stable Amid Global Market Volatility

Commodities 1m ago

Gold Prices Drop Amid Higher Yields and Oil Price Spike

Commodities 3m ago

Woodside Energy Soars as Oil Prices Hit US$91 Per Barrel

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy