Gold prices surge as rupee weakens against dollar
pre-market1 source ↓written by the desknot a recommendation
- rose sharply
- ₹131,085
- per 10 grams
- ₹136,095
- increase in just
- 3.82%
- over the past
- 8.8%
Gold prices in India rose sharply from ₹131,085 to ₹136,095 per 10 grams, marking a 3.82% increase in just two days (10-12 Dec). This surge is attributed to the rupee's depreciation against the dollar, which boosts gold demand as a hedge. Internationally, gold prices increased by 8.8% over the past month, reflecting similar trends in the domestic market.
Not investment advice. For informational purposes only.