Surpassing all records, gold prices rose by 94 rupees to hit yet another high of Rs. 21,330 per ten grams in futures trade today at the Multi Commodity Exchange. In global markets, gold climbed to an all-time high of 1,427.55 dollars per ten gram in yesterday's trade. The rise in gold prices is on speculation that Federal Reserve will inject more cash to boost the US and Europeaqn economies. Analysts says that firm trend in global markets would enhance precious metals' appeal. Taking firm cues from global markets, silver futures also continued its record setting spree with prices rising by Rs. 1,023 to Rs. 45,700 per kg.
News On AIR | December 7, 2010 1:28 PM
Gold, silver hit new high at Bulluion market