Gold prices rose by ₹689 to ₹1,52,950 per 10 grams in futures trading on Friday, as market speculators took advantage of strong spot demand to establish new positions.
On the Multi Commodity Exchange, gold contracts for August delivery increased by ₹689, or 0.45%, with a trading volume of 1,206 lots. Analysts noted that the accumulation of fresh positions by market participants was a significant factor in the price increase.
Internationally, gold futures experienced a rise of 0.91%, reaching $4,728.57 per ounce in New York.
The gold market remains influenced by various factors, including global demand trends and market speculation.
Published on May 8, 2026.
