Gold prices today touched all-time record of 31,400 rupees per 10 grams in the bullion market on strong cues from global markets.Traders said gold registered gains for the seventh trading session in a row, rising by 100 rupees, on sustainedbuying by stockists amid rally in overseas market.The investors were also seen shifting funds from melting equities to firming bullion, they added.The metal has gained 860 rupees in last six trading sessions. However, silver lacked necessary buying support and declined by 100 rupees to 57,700 rupees per kg.In global markets, gold rose to a four-month high on speculation that central banks from the US to China will act to spur economic growth and investment holdings in the metal climbed to record.
News On AIR | August 27, 2012 5:39 PM
Gold prices touch all-time high