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This is an archive article published on November 12, 2009

India gold rises to fresh record

Gold futures on MCX continued record-breaking spree tracking strong international markets.

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India gold futures on the Multi Commodity Exchange of India MCX continued their record-breaking spree on Thursday,tracking strong international markets and a weak dollar.

The near-month December contract touched a fresh record at 16,860 rupees per 10 grams in early deals,surpassing the previous record of 16,788 rupees struck on Wednesday. The contract was trading at 16,850 rupees,up 0.54 per cent at 10:03 am.

 

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