Gold futures on India’s Multi Commodity Exchange (MCX) rose to ₹1,41,200 per 10 grams on Monday, gaining ₹294 from the previous session.
The advance was underpinned by firm spot demand, which prompted speculators to establish fresh long positions in the futures market.
The August delivery contract led the move, reflecting sustained physical buying interest that has characterized recent trading sessions.
Market participants viewed the spot strength as a signal of underlying demand resilience, translating physical flows into derivative positioning.
This development follows a period of volatile price action on the MCX.
Gold futures had previously climbed sharply to settle at ₹1,47,710 per 10 grams, marking a decisive reversal from earlier dips.