Demand for gold has increased over the past year due to instability in the financial sector. Due to this, the price of the precious metal also increased. Meanwhile, the price of gold has reached a new record in India, one of the world’s largest markets. On Friday, one tola (10 grams) gold price reached Rs 59,461. At the end of the day, gold traded at Rs 59,420.
Gold prices rose by 2.44 percent on Friday compared to Thursday. On Friday, the price of gold per ounce in the US spot market increased by 2.8 percent and touched 1 thousand 971.95 dollars. -Economic Times