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MCX Gold Futures Soar to Rs 1.63 Lakh on Strong Demand

Guavy AI Editorial Team Published August 24, 2026

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Gold

Gold futures on the Multi Commodity Exchange (MCX) surged to Rs 1.63 lakh per 10 grams due to strong spot demand and fresh speculative positions.

The prices rose by Rs 1,283, or 0.79%, at Rs 1,63,721 per 10 grams in a business turnover of 3,424 lots on Monday.

Analysts attribute the rise in precious metal prices to fresh positions built up by participants.

Globally, gold futures increased 0.99% to USD 4,648.78 per ounce in New York.

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