MCX Gold Futures Rise ₹803 Amid Firm Demand

Gold futures on India's Multi Commodity Exchange (MCX) rose by ₹803 to ₹1,51,612 per 10 grams on Wednesday, driven by firm spot demand and fresh positions taken by market participants.

The gold contract for October delivery gained 0.53% during the session, with a business turnover of 775 lots recorded.

Market analysts attribute the rise to fresh buying and position-building by traders amid strong demand for the precious metal.

The price movement comes as gold continues to trade at elevated levels, with investors closely tracking global market trends and demand conditions.