Gold Prices Reach All-Time High in India Amid Weaker Rupee
Gold prices rose to an all-time high on August 7, 2026, in India, reaching Rs 1.49 lakh per 10 grams according to MCX futures.
The increase was attributed to a combination of factors including a weaker rupee, improving global sentiment for safe-haven assets, and supportive international market trends.
Spot gold traded at $4,302.50 per ounce, reflecting continued strength in global precious metal markets.