MCX gold futures jump ₹510 to ₹1,39,962 amid demand bets

Business Nov 04, 2026

Gold just got pricier: futures jumped ₹510 to reach ₹1,39,962 per 10gm on the MCX on Wednesday.

This bump comes from traders jumping in with fresh bets on firm spot demand, making for a pretty active trading day.

New York gold futures up 0.46%

It's not just India: gold futures in New York also climbed 0.46% to $3,947.6 per ounce.

The rise shows how quickly gold prices react when demand heats up and speculators created fresh positions on firm spot demand.