Gold futures hit record high of Rs 31,029
Gold futures hit a record high of Rs 31,029 per 10 grams on Thursday at the MCX as investors shifted funds to the yellow metal on global cues and a weakened dollar.
Gold futures surged to record high by adding Rs 536 to Rs 25,978 per 10 grams in futures trading today on buying by speculators, driven by a strong overseas trend, where investors sought safe haven following downgrading of the US credit rating.