Indian Spot Gold Reaches New Record

Chalk up another new record high for gold in another currency. According to The Press Trust of India, gold hit an all-time high of 18,660 rupees per 10g "on aggressive buying by stockists and jewellers for the ongoing marriage season amid a firming global trend." The last record was made on December 3rd of last year - about the same time that the previous record was made in U.S. funds.