Gold Futures Hit 1.53 Lakh on Spot Demand
Gold prices climbed to 1.53 lakh per 10 grams on Thursday. Fresh speculative positions drove the gain. Spot demand remained firm. Global futures also rose.
Gold futures on the Multi Commodity Exchange closed at 1,53,994 rupees per 10 grams. This represents a gain of 231 rupees from the previous close. The increase marks a 0.15 percent rise in value. Traders executed 867 lots in total turnover.
Market participants established new positions during the session. Analysts attribute the price movement to these fresh bets. Spot demand for the metal held steady throughout the day. This underlying strength supported the higher valuation in futures.
Global Prices Track Higher
International markets mirrored the domestic trend. Gold futures in New York rose by 0.47 percent. The price reached 4,419.57 US dollars per ounce. This global move aligns with the local price action.
Speculative Activity Drives Movement
Speculators were the primary drivers of the session's rise. They created fresh long positions in the October delivery contract. This activity pushed the price above the previous closing level. The data confirms a shift in market sentiment.
Demand Remains a Key Factor
Firm spot demand underpinned the trading activity. Buyers continued to participate in the physical market. This consistent interest provided support for the futures price. The combination of speculation and demand shaped the final close.
The report comes from GN auto markets/commodities: gold prices. The data reflects the trading session on September 10, 2026. These figures provide a clear snapshot of current market conditions. Investors can use this information to gauge near-term trends.
