Gold futures traded higher as demand picks up.

Gold futures on MCX traded higher due to increased demand from both domestic and international markets. Speculators have also increased their bets on gold. Factors such as expectations of interest rate cuts by the Federal Reserve in September, a weaker dollar, and lower bond yields have further encouraged investments in gold. The August delivery contract was trading at Rs 68,300.00, up 0.05% from its previous closing, while the October delivery contract was trading at Rs 68,760.00, up 0.20% from its previous closing. [Extracted from the article]