Gold hits 26 month high of Rs 30,885 on Brexit, weak rupee
The rupee too hit a four-month low of 68.21 against the US dollar, making the dollar-quoted gold expensive.
Gold prices zoomed to 26-month high of Rs 30,885 per ten gram today in the biggest single-day gain of Rs 1,215 since August 2013 as Britain voted to exit the European
Union leading to bloodbath in global equity and currency markets.
It was gold's highest closing level of Rs 30,730 after April 28, 2014 in the bullion market here.
The rupee too hit a four-month low of 68.21 against the US dollar, making the dollar-quoted gold expensive.
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Commodity Market Tips
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