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Commodities

Gold Futures Soar to Rs 153 Lakh on Strong Spot Demand

Guavy AI Editorial Team
Instruments
Gold
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Gold futures in India rose to Rs 1.53 lakh per 10 grams on Thursday, driven by strong spot demand from speculators.

The price increase was reflected on the Multi Commodity Exchange (MCX), where gold futures for October delivery traded higher by Rs 231 or 0.15 percent at Rs 1,53,994 per 10 grams in a business turnover of 867 lots.

Analysts attributed the rise to fresh positions created by market participants on firm spot demand.

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