Gold futures increase on spot demand
The Hindu
Gold futures rise by Rs 890 amid strong spot demand and fresh positions, with global prices also increasing.
Gold prices on Friday (February 27, 2026) rose ₹890 to ₹1,60,599 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for April delivery traded higher by ₹890, or 0.56%, at ₹1,60,599 per 10 grams in a business turnover of 7,735 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures rose 0.26% to $5,199.66 per ounce in New York.
"Gold prices remained largely range-bound on Friday, with upside capped by a firmer U.S. dollar and mixed global cues, while safe-haven demand amid geopolitical uncertainty continued to underpin sentiment," Gaurav Garg, research analyst at Lemonn Markets Desk, said.
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Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.