Fair
12°CFri :Mostly Sunny. High: 19 Low: 6

Gold price hits record high of Rs 32,677; zooms by Rs 800

Gold price hits record high of Rs 32,677; zooms by Rs 800

New Delhi: Gold price hit its all-time high of Rs 32,677 per 10 grams Tuesday on sustained buying as rupee plunged to its new record low of 65.93 against the US dollar.

At the Multi Commodity Exchange (MCX), gold for delivery in October gained further by Rs 801 to Rs 32,677 per ten grams as against its previous close of Rs 31,876.

Similarly, silver for delivery in September spurted by Rs 1,488 to Rs 55,275 per kg.

Gold price in overseas markets, which normally set price trend on the domestic front, held above USD 1,400 an ounce today, hovering near its highest in 11 weeks, supported by weak US data that traders hoped could stymie the US Federal Reserve’s plan to taper its stimulus measures this year.

Spot gold last traded down USD 5.10 or 0.36 percent at USD 1,400.90 per ounce.

In New York, gold for December delivery rose by USD 2 or 0.2 percent to settle at USD 1,393.10 an ounce after briefly pushing past USD 1,400 on the Comex division of the NYMEX yesterday.

 

Top Stories

bjp-lost-17-seats-in-haryana-by-a-narrow-margin

BJP lost 17 seats in Haryana by a thin edge

October-22-2014
NEW DELHI: The BJP’s triumph in Haryana can’t simply be surveyed through the quantity of seats the gathering won additionally by the
44895643.cms

Sunny Leone’s Special Birthday surprise For Husband Daniel Weber

October-21-2014
Sunny Leone had masterminded an unique birthday festival for her spouse Daniel Weber in Thailand. A couple of days prior, Daniel had
IndiaTv1611f0_cfc

ISL mentors among a few peering toward India work

October-21-2014
PANAJI: There is life past the commotion and fervor of the Indian Super group, particularly for the mentors on obligation. Most mentors
06-rupee6

Rupee picks up 8 paise against dollar in early trade

October-21-2014
MUMBAI: Extending its climbing streak for the third straight day, the rupee increased in value by 8 paise to 61.28 against the
IndiaTv568462_akhilesh

Akhilesh Yadav the CM of UP gets feel of power crisis

October-21-2014
Lucknow: Uttar Pradesh Chief Minister Akhilesh Yadav and his bureau got a direct knowledge of the dismal force situation in the state
BJP flag

Maharashtra: Congress hits once more at NCP, says will never help Shiv Sena

October-21-2014
New Delhi: Senior Congress pioneer Ajay Maken hit over at National Congress Party boss Sharad Pawar by saying that the gathering will