Archive · 21 Aug 2026
Gold Futures Rise Rs 1,432 on Firm Spot Demand
Gold prices went up on Friday.
An October contract for gold became Rs 1,432 more expensive.
It reached Rs 1,60,857 for 10 grams.
This trading happened on the Multi Commodity Exchange.
The exchange recorded trades totaling 2,542 lots.
Analysts said traders created fresh positions, meaning they made new market bets.
Strong demand for gold in the spot market also supported prices.
Gold futures in New York rose 0.98% to USD 4,561.01 per ounce.
October gold futures rose Rs 1,432, or 0.9%, to Rs 1,60,857 per 10 grams.
The increase occurred during Friday’s futures trading session.
Trading on the Multi Commodity Exchange recorded a turnover of 2,542 lots.
Analysts attributed the rise to fresh positions created by market participants amid firm spot demand.
Gold futures in New York rose 0.98% to USD 4,561.01 per ounce.
- Who
- Speculators and other market participants traded gold futures, while analysts explained the price rise.
- What
- October gold futures rose Rs 1,432, or 0.9%, to Rs 1,60,857 per 10 grams.
- When
- Friday; the articles do not provide a calendar date.
- Where
- On the Multi Commodity Exchange and in New York futures trading.
- Why
- Fresh positions were created amid firm spot demand.
- Contract
- October delivery
- Gold futures price
- Rs 1,60,857 per 10 grams
- Price increase
- Rs 1,432, or 0.9%
- Exchange turnover
- 2,542 lots
- New York price
- USD 4,561.01 per ounce
- New York change
- Up 0.98%
