India Gold May Hit Record High This Week

Precious Metals

Reuters reported that India gold is expected to reach a record as the rupee weakens and the Federal Reserve eases monetary policy.

Reuters reported that India gold is expected to reach a record as the rupee weakens and the Federal Reserve eases monetary policy.

As quoted in the market news:

At 1255 GMT, the most-active gold for August delivery on the Multi Commodity Exchange (MCX) was 0.18 percent higher at 30,363 rupees per 10 grams, after hitting a record high of 30,428 rupees.

Click here to read the full Reuters report.

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