Hong Kong, July 27 -- Have you only thought of gold in the form of jewellery for an occasion? Well, gold prices in India reached Rs 51,833 for every 10 grams today. This information can change how you think of your investments. Here's what you need to know.

Gold prices in India continued their rally from last week, mirroring the global price trends. They are up by about 30% since March. Gold is considered a hedge against market crises and also a safe haven investment. Often investors move their money to gold during market turmoil, causing gold futures (a deal to trade gold at a certain rate) and even jewellery to be high on demand, leading to high prices. But why are gold prices in India high this time? The most significant is the contin...