India, Sept. 23 -- Gold prices jumped sharply by Rs 2,700 to touch an all-time high of Rs 1,18,900 per 10 grams in the national capital on strong global demand for the safe-haven metal and a weakening rupee, which slid further following the US H-1B visa fee hike.
According to the All India Sarafa Association, gold of 99.9% purity closed at Rs 1,16,200 per 10 grams in the previous session. In the local bullion market, gold of 99.5% purity surged Rs 2,650 to a record Rs 1,18,300 per 10 grams (including taxes), up from Rs 1,15,650 per 10 grams on Monday.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....