Gold touches record high of Rs 36,327 after Trump’s tariff threat sparks rally
NEW DELHI: Gold prices on Friday touched a record high of Rs 36,327per ten grams in the domestic markets as speculators widened their bets, tracking a firm trend overseas.
On the Multi Commodity Exchange, gold for delivery in August contracts traded higher by Rs 216, or 0.62 per cent, to Rs 35,132 per 10 gram in a business turnover of 3,459 lots.
The yellow metal contracts for October delivery also traded higher by Rs 232, or 0.65 per cent, to Rs 35,865 per 10 gram in a business turnover of 21,530 lots.
In global markets, gold prices had surged nearly 2.5% on Thursday after US President Donald Trump said he would impose additional tariffs on Chinese imports.
SOURCE – ZEE NEWS