Gold prices hit 22-month high on heavy buying
Gold prices hit a 22-month high on Tuesday on a buying spree by jewellery stockists and traders driven by positive overseas sentiment. Prices of standard gold (99.5% purity) and pure gold (99.9% purity) rose to ₹29,580 and ₹29,720 per ten grams respectively. In worldwide trade, gold hit a 13-month high on safe-haven demand following reports of downbeat Chinese trade data.