Gold reaches record high

Gold prices crossed Rs 15,500-level to an all-time intra-day high of Rs 15,545 but ended at Rs 15,490 on the bullion market here on Wednesday. This is the day for bullion investors.

It seems that investors have lost in the tumbling stock and indices. Only the bullion market is getting attention of the investors. Due to the global financial crisis the stock market across the globe are not in cheer mood.

The fluctuation in the demand for the dollar in the global market and the fluctuating indices of the companies sore the gold price. Following with the glod in price in India reach to new record high of Rs 15, 490 per 10 grams.