Gold Futures Rise to Rs 1.53 Lakh on Strong Spot Demand

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Sep 08, 2026 13:22

Gold futures surged by Rs 704 to Rs 1.53 lakh per 10 grams on the MCX due to firm spot demand and fresh speculative positions. International prices also rose.

Gold Futures Rise to Rs 1.53 Lakh on Strong Spot Demand

Key Points

Gold futures increased by Rs 704 to Rs 1.53 lakh per 10 grams.
The price rise was driven by firm spot demand and fresh speculative positions.
Trading occurred on the Multi Commodity Exchange for October delivery.
International gold futures also saw a rise in New York.

New Delhi, Sep 8 (PTI) Gold prices on Tuesday rose by Rs 704 to Rs 1.53 lakh per 10 grams in futures trade as speculators created fresh positions on firm spot demand.

On the Multi Commodity Exchange, the yellow metal contract for the October delivery traded higher by Rs 704, or 0.46 per cent, at Rs 1,53,522 per 10 grams in a business turnover of 1,560 lots.

Fresh positions by market participants led to a rise in the precious metal's prices, analysts said.

Gold futures rose 0.22 per cent to USD 4,413.84 per ounce in New York.

Source: PTI By Rediff Money Desk, New Delhi

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