Gold & Silver

Gold hits new high of Rs 30,550/10 gm in Delhi 

| | Updated on: Jun 14, 2012
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Gold prices jumped to a new high of Rs 30,550 per 10 gm in Delhi, surpassing the previous record of Rs 30,420 on Wednesday.

A sharp depreciation of rupee against dollar and increase in gold prices globally have been the driving factor of prices in India. Demand has remained lacklustre.

Bullion dealers expect gold prices to come down after the Government takes measures to support rupee. The yellow metal had gained Rs 920 in the previous four trading sessions.

In global markets, the yellow metal rose 0.2 per cent to $1,620 an ounce.

Published on November 15, 2017

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