India, April 22 -- Gold continued its scorching rally, hitting an all-time high amid fears that President Donald Trump might sack Federal Reserve Chair Jerome Powell, prompting investors to pull out of US stocks, bonds, and the dollar.

In India, gold prices touched Rs.1 lakh per 10 grams, sending shockwaves through India's middle class. While many may now have to work harder to invest in the precious metal, it's Indian housewives-famous for their gold savings-who could feel the pinch the most ahead of Akshaya Tritiya.

This is a developing story. More details are awaited.

Published by HT Digital Content Services with permission from Hindustan Times....