Gold, Zinc, Copper Futures Rise on Strong Spot Demand

Metal prices, including gold, zinc, copper, and aluminium, experienced notable increases in futures trading due to strong spot demand and increased speculative activity. Gold prices rose by Rs 199 to Rs 96,660 per 10 grams driven by fresh positions amid firm spot demand, with global futures also climbing. Zinc prices increased both globally and domestically, with LME zinc surging on supply constraints and destocking trends, while futures prices in New Delhi rose due to rising demand from consuming industries. Copper futures rose by 0.42% to Rs 893 per kilogram, supported by stronger spot demand and higher participant bets. Aluminium futures also saw gains, rising Rs 1.20 to Rs 248.65 per kilogram, as speculators built fresh positions amid positive spot market trends. Overall, the metals market is showing upward momentum fueled by fundamental demand, supply factors, and active trading positions.