Gold prices rise to ₹1.52 lakh/10 gm on firm spot demand
On MCX, the yellow metal contract for the October delivery traded higher by ₹309, or 0.20% at ₹1,52,650 per 10 grams in a business turnover of 10,209 lots.
Gold prices climbed to ₹1,52,650 per 10 grams on Friday, buoyed by increased futures trading amid robust demand from spot buyers. The Multi Commodity Exchange reported a 0.20% rise in the yellow metal contract for October delivery, reaching ₹1,52,650 per 10 grams, with a trading volume of 10,209 lots. Experts attributed the price surge to new positions placed by market participants. Gold futures in New York surged 0.44% to $4,387.97 per ounce.
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