Gold Prices Jump Rs 9,700 to Cross Rs 1.3 Lakh per 10g in Delhi as Rupee Hits Record Low

In the international markets, spot gold rose nearly 2 per cent to touch an all-time high of USD 3,949.58 per ounce,

Gold Prices Jump Rs 9,700 to Cross Rs 1.3 Lakh per 10g in Delhi as Rupee Hits Record Low : Gold prices skyrocketed by Rs 9,700 to scale a fresh peak of Rs 1,30,300 per 10 grams in the national capital on Monday, lifted by safe-haven buying in the overseas markets and depreciation in the rupee.

According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity had closed at Rs 1,20,600 per 10 grams on Friday.

In the local bullion market, gold of 99.5 per cent purity jumped by Rs 2,700 to hit a record high of Rs 1,22,700 per 10 grams (inclusive of all taxes) on Monday. It had settled at Rs 1,20,000 per 10 grams in the previous market session.

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