Gold, considered a safe haven asset for investment, has been in demand for considerable period of time, with its prices rallying to hit record highs every now and then.
Rupee rises six paise against U S dollar as crude oil prices ease thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Gold prices surged due to Middle East tensions and Fed s policy stance, but may face resistance at $2,370-$2,390 levels. Analysts suggest sustained levels depend on US rate cuts and dollar decline.