Gold futures rise Rs 924 on firm spot demand

Gold is a shiny metal that people buy to keep their money safe.

In India, gold is also bought and sold on a special market called futures trading.

In futures trading, people agree today on a price for gold that will be delivered later.

Recently, the price of gold in this market went up by 924 rupees.

Now, 10 grams of gold costs about 1.54 lakh rupees.

The price went up because many buyers wanted gold, which is called strong demand.

Traders bought new contracts, and that pushed the price higher.

Other places in the world also saw gold prices go up.

In New York, the global price of gold also rose by a small amount.