Monday, 5 August 2019

India gold prices hit record high on global cues, weak rupee

SHARE

India gold prices hit record high on global cues, weak rupeeGold prices in India jumped over 2% on Monday to record levels, following gains in overseas markets and as the rupee fell to a five-month low, dampening demand further in the world's second-biggest consumer of the precious metal. Local gold futures hit an all-time high of 36,990 rupees ($524.70) per 10 gram, taking their gains to more than 17% in 2019. Dealers were offering a discount of up to $36 an ounce over official domestic prices, the highest since August 2016.




from Yahoo News - Latest News & Headlines https://ift.tt/2OIJC9G

SHARE

Author: verified_user

0 coment�rios: