Gold Price Today In India : Domestic gold futures fell on Wednesday as the global gold spot rate slid below the $2,000 per ounce mark a day after registering sharp gains.
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Gold smashed a record high on Friday as a safety rush fuelled by the worsening coronavirus pandemic and its mounting economic toll gathered pace and put bullion on track for its longest weekly winning streak in nearly a decade.
In India, dealers offered discounts of up to $6 an ounce over official domestic prices in thin trade, versus last week’s $2 premium. Domestic gold futures soared to a record Rs 50,948 ($681.21) per 10 grams on Friday.