TNI Bureau: For the first time in history, the gold prices surged to a record high of Rs 30,300 per 10 gms. It registered a one-day jump of Rs 1,095 amidst the global financial uncertainty.
This is for the first time gold prices breached the Rs 30,000 mark. Earlier, ASSOCHM had predicted the gold prices to shot up to Rs 30,000 per 10 gm between June and August.
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The eurozone debt crisis and declining job growth rate in the US have been attributed to the surge in gold prices.
Chennai witnessed the highest rise with Rs 1,095 per 10 grams. Delhi witnessed hike of Rs 960, while Mumbai and Kolkata have registered an increase of Rs 895 and Rs 785 respectively.