Gold futures surged to Rs 1.45 lakh per 10 grams on MCX due to strong spot demand.
The price of gold rose by Rs 1,151 or 0.8% to trade at Rs 1,45,450 per 10 grams in a business turnover of 784 lots.
Analysts said that fresh positions built up by participants led to the rise in precious metal prices.
Globally, gold futures rose 1.53% to USD 4,140.48 per ounce in New York.
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