Gold hits Rs 31K, at record high | business | Hindustan Times
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Gold hits Rs 31K, at record high

business Updated: Aug 24, 2012 00:30 IST
HT Correspondent
HT Correspondent
Hindustan Times
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Gold prices rose for the fourth day in a row on Thursday to touch an all-time high in major cities across India.

At Rs 31,035 for 10 grams, New Delhi topped the chart, followed by Chennai (Rs 31,000), Mumbai (Rs 30,995) and Ahmedabad (Rs 30,905).

The rates surpassed the June 19 record of Rs 30,750.

India’s gold demand is expected to drop by around 40% in the second half of the year due to high prices, say industry experts.