New Delhi: Gold prices rose by Rs 300 to trade near a record high at Rs 89,300 per 10 grams in the national capital on Wednesday amid a strong global trend, according to the All India Sarafa Association.
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The precious metal had settled at Rs 89,000 per 10 grams in the previous market session. On February 20, gold hit a record high of Rs 89,450 per 10 grams.
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"Gold prices continued their upward trend on Wednesday, extending their winning streak for the third day in a row as the demand for safe-haven assets and soft US dollar supported yellow metals," Saumil Gandhi, Senior Analyst of Commodities at HDFC Securities, said.
