Gold breaches Rs 28,000 mark
Gold prices breached the Rs 28,000 mark for 10 grams yesterday mirroring global trends where investors rattled by fears of a recession fled to the safety of the yellow metal.
Gold prices in India, the world's biggest buyer of the metal, fell below the Rs 29,000 mark, a level keenly watched by importers and jewellers to re-stock gold for weddings and festivals.