Gold prices hold near near six-year highs
Gold price in India includes a 10% import tax and 3% GST
Weaker dollar and heightened tensions between the US and Iran increased safe-haven demand for gold
Gold prices today extended gains in early Asian trade on Monday, hovering near a six-year peak touched in the previous session, as a weaker dollar and heightened tensions between the United States and Iran underpinned the precious metal. Spot gold was up 0.6% at $1,406.56 per ounce in global markets, heading for a fifth straight session of gains. Gold prices hit $1,410.78 on Friday, their highest since September 4, 2013. US gold futures rose 0.7% to $1,410.20 per ounce.
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