India gold hits fresh all-time high

Mumbai, June 01: India gold futures recovered from their previous day’s losses on Tuesday afternoon to hit a fresh all-time high following strong overseas leads and a weaker rupee.

Gold futures on the Multi Commodity Exchange (MCX) struck a fresh record of 18,659 rupees per 10 grams, before easing a tad to 18,649 rupees at 2:04 p.m., still up 1.44 percent.

The contract breached the last record of 18,648 rupees hit on May 26.

—-Agencies