Gold rises for fourth consecutive day, touches fresh high of Rs 38,995

New Delhi-India (Aug 23)  Continuing its record-setting trend for the fourth consecutive day, gold prices rose Rs 25 on Friday to reach a record high of Rs 38,995 per 10 gram in the national capital amid a weaker rupee, according to the All India Sarafa Association.

Gold prices have been hitting a fresh high every day since Tuesday. Meanwhile, silver held steady at the previous level of Rs 45,100 per kg. Even as the precious metal lost steam overseas, persistent buying from jewellers mainly led to the rise in gold prices, traders said.

TheAsianAge

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