The price of gold seems to be on a roll, with no end in sight to its ongoing hike. The domestic market today observed yet another record price of gold at Rs 27,700 per tola (11.664 gram) -- a hike of Rs 500 in a single day.
The precious yellow metal was traded at Rs 23,750 per 10 gram from yesterday's Rs 23,320 per 10 gram. With the global recession, the price of gold in the international market is also rising and pushing up the price in the domestic market.
This week, gold in the domestic market opened at Rs 27,100 per tola and continued its bullish trend the whole week.
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