India gold prices hit record high on safe-haven rush, weak rupee
India gold prices hit record high on safe-haven rush, weak rupee 1MUMBAI (Reuters) – Gold prices in India jumped over 2% on Monday to record levels amid a rush to invest in safe-haven assets globally as well as a steep fall in the rupee, dampening demand for the precious metal in the world’s second-biggest consumer. Local gold futures hit an all-time high of 41,096 rupees ($570.05) per 10 grams, taking their …
News story posted on 2020-01-06T07:45:00.0000000Z