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    HomeNewsBusinessMarketsIndia gold hits record high of Rs 26557/10 gms

    India gold hits record high of Rs 26557/10 gms

    India's benchmark gold futures on the Multi Commodity Exchange extended the previous session's gains on Thursday morning and hit a new peak of Rs 26,557 per 10 grams, tailing a rally in the world market and on a weak rupee.

    August 18, 2011 / 12:40 IST

    India's benchmark gold futures on the Multi Commodity Exchange extended the previous session's gains on Thursday morning and hit a new peak of Rs 26,557 per 10 grams, tailing a rally in the world market and on a weak rupee.


    At 10:22 am, the October contract was trading 0.38% higher at Rs 26,495.


    International spot gold edged higher on Thursday on persistent worries about euro zone debt woes and slower global growth, defying a rebound in the dollar.


    For gold prices in India, click here http://www.moneycontrol.com/commodity/ 


    Get the latest gold prices here http://www.moneycontrol.com/commodity/

    The rupee was weaker in early morning trades on Thursday tracking regional peers and as dollar demand from oil refiners and negative shares weighed.

    first published: Aug 18, 2011 10:51 am

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