Gold price at new record high Rs 31,850
New Delhi: Gold price today broke all previous records to touch a fresh all-time high of Rs 31,850 per 10 grams, buoyed by brisk buying by stockists in tandem with strong global cues.
The precious metal, which has been on an upward swing since last two weeks, shot up by Rs 240 to Rs 31,850 per 10 grams in the national capital region, surpassing previous record of Rs 31,725 set on September 1.
Silver followed suit and gained Rs 1,200 to Rs 60,200 per kg.
The trading sentiment bolstered after gold gained to the highest level in more than five months in overseas markets as global data strengthened the case for more central bank measures to boost growth, increasing demand for the metal.
In Singapore, gold rose by 0.3 per cent to USD 1,697.20 an ounce, a record level since March 13 this year.
On the domestic front, gold of 99.9 and 99.5 per cent purity climbed
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