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Gold futures hit new high late Tuesday
2009-11-04 10:10:00
Last Updated: 2009-11-04 10:29:11
Last Updated: 2009-11-04 10:29:11
A woman buyer looks at gold bangles at a jewellery shop in Mumbai in this O...
India's front-month gold futures climbed to a record high late on Tuesday, tracking gains in the overseas market where the metal is proving to be a destination for diversifying official reserves.
The December contract on the Multi Commodity Exchange of India Ltd (MCX) touched Rs 16,639 ($352.5) per 10 grams, before easing to close at Rs 16,618 at 11:30 p.m.
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