So far this year, gold prices in India are up 23% in just six months
Last year gold prices in India had surged 25%
Gold prices in India have surged closer to record highs, tracking a rally in global rates. On MCX, August gold futures rose about ₹600 on Friday to settle near record highs of about ₹48,000 per 10 gram on Friday. Silver futures also finished up 1.5% higher at ₹48,598 per kg. US gold futures rose more than 1% on Friday, settling above the technical barrier of $1,750 an ounce.
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