Indian Gold prices cross Rs 50,000 mark/10 gm. Gold price is touching a record high in the domestic market, lenders are now focusing more to benefit from this opportunity.
Et Now's Nikunj Dalmia says Gold has been with bought with a premise that world is going to collapse and the liquidity will move back into gold. People say that in India gold prices have gone higher and they are at an all-time high but it is not an all-time high. It is nowhere close to 2009 or 2010 largely because Indian Rupee has gone down and there is import duty.
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