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Gold Futures Climb on MCX

Fresh position‑building by speculators explains the rise in domestic gold futures.

Overview

  • Gold December futures on MCX rose by Rs 1,353 to Rs 1,47,201 per 10 grams on Thursday as speculators created fresh positions and spot buying firmed.
  • Silver showed short-term volatility with a reported fall of Rs 1,562 to Rs 2,17,655 per kg on Oct 14 and a separate report of a Rs 561 rise to Rs 2,08,899 per kg on Oct 15, reflecting session-by-session swings.
  • Copper futures slipped modestly, with the October contract down about Rs 4.15 per kg as traders cited muted demand from domestic consuming industries.
  • Market participants said the moves were driven mainly by traders adjusting positions while international futures in New York provided supporting cues for domestic prices.
  • All figures come from syndicated MCX exchange feeds published by PTI and carried by outlets, so the reports capture short-term intraday shifts rather than signaling a long-term trend.