MCX Gold Futures Soar on Speculator Demand
Gold futures on MCX rose by Rs 1,432 to Rs 1.60 lakh per 10 grams in futures trade due to strong demand from speculators.
The business turnover was 2,542 lots with a 0.9% gain for the October delivery contract.
Fresh positions created by market participants led to an increase in gold prices, according to analysts.