Touches 33,800 mark in Mumbai as global demand rises
Gold prices in India hovered near record levels on Tuesday as a combination of factors including an increase in global demand, especially from central banks, and a fall in the quantum of mining of the precious metal pushed up prices in the domestic market.
Jewellers at the Zaveri Bazaar here, one of the largest and oldest gold markets in India, said the price, inclusive of the 3% goods and services tax (CST), touched 33,800 on Tuesday, the highest ever for the yellow metal.
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