Archive · 11 Aug 2026
Gold futures climb Rs 455 on firm spot demand
Gold is a shiny yellow metal that many people like to buy.
Its price can go up or down, just like the price of ice cream can change.
In India, the price of gold for future delivery went up.
It rose by 455 rupees for every 10 grams.
That means 10 grams of gold now cost about 1.52 lakh rupees.
People who trade gold thought more people would want to buy it soon.
They made new deals expecting the price to keep rising.
This made the price go higher in India.
In America, the gold price went down a little bit.
It fell to 4,334.53 dollars for one ounce.
Gold futures in India rose by Rs 455 to Rs 1.52 lakh per 10 grams on firm spot demand.
October delivery contracts traded 0.3% higher in a business turnover of 1,127 lots.
Speculators created fresh positions, which analysts said lifted precious metal prices.
Globally, gold futures declined 0.16% to $4,334.53 per ounce in New York.
Domestic gold futures rose even as international gold futures moved lower.
- Who
- Speculators and trading participants building fresh positions in India's gold futures market.
- What
- Gold futures prices rose by Rs 455 to Rs 1.52 lakh per 10 grams.
- When
- Date not specified in the article; trades concerned October delivery contracts.
- Where
- New Delhi for domestic futures trade; New York for global gold futures.
- Why
- Fresh positions built by participants on firm spot demand pushed prices higher.
- Price rise
- Rs 455 per 10 grams
- New price
- Rs 1.52 lakh per 10 grams
- Price change
- +0.3%
- Contract month
- October
- Traded volume
- 1,127 lots
- Global price
- $4,334.53 per ounce
- Global change
- -0.16%
- Market driver
- Fresh positions on firm spot demand