India, Aug. 6 -- Gold futures rose on Thursday, with the October contract gaining Rs 654, or 0.44%, to Rs 1,49,147 per 10 grams on the Multi Commodity Exchange (MCX).
The rise was driven by fresh buying by market participants amid firm demand in the spot market. The contract recorded a business turnover of 1,953 lots during the session.
Analysts attributed the gains in the precious metal to renewed long positions created by traders, supported by strong physical demand.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....