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News1813-02-2026, 18:45

Gold Futures Soar 1% to Rs 1.53 Lakh/10g Amid Fresh Speculation

  • Gold prices jumped Rs 1,044 to Rs 1,53,880 per 10 grams in futures trade on Friday.
  • Speculators created fresh positions due to firm spot demand, driving the surge.
  • Globally, gold futures rose 0.81% to USD 4,962 per ounce in New York.
  • Volatility is influenced by a stronger US dollar, shifting Fed rate-cut expectations, and profit-booking.
  • Investors await US inflation data to gauge the Federal Reserve's next policy move.

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