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Indian gold prices hit record high, curtail demand: Dealers

Domestic gold futures rose to 57,099 rupees ($699.19) per 10 grams, up nearly 4% so far in 2023.

January 24, 2023 / 10:40 AM IST
Gold

Gold

Indian gold futures hit a fresh all-time high on Tuesday, tracking gains in overseas markets and a depreciation in the rupee currency, but the surge dampened demand in the world's second biggest consumer of the precious metal, dealers said.

Domestic gold futures rose to 57,099 rupees ($699.19) per 10 grams, up nearly 4% so far in 2023.