Gold hits fresh high of Rs 32,500
NEW DELHI: Gold prices touched new all-time high of Rs 32,500 per 10 grams in the bullion market here today on seasonal demand amid strong global trend.
Gold, which has been on a record setting spree for the past three weeks, rose by Rs 50 to Rs 32,500 per 10 grams.
Traders said sentiment in gold remained bullish as the metal rose to near six-month high in global markets on speculations that central banks from the US and China would bring in more stimulus measures to revive economic growth, raising demand outlook for the precious metal.
Gold, which has been on a record setting spree for the past three weeks, rose by Rs 50 to Rs 32,500 per 10 grams.
Traders said sentiment in gold remained bullish as the metal rose to near six-month high in global markets on speculations that central banks from the US and China would bring in more stimulus measures to revive economic growth, raising demand outlook for the precious metal.
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