Gold jumps to all-time high of Rs 34,500 on weak Indian rupee

From IndianExpress.com

Gold prices zoomed to a record high of Rs 34,500 per ten gram with a biggest ever single day surge of Rs 2,500 in opening trade in bullion market today amid the Indian rupee hitting historic low of 68.75 a dollar.

The current upsurge surpassed its record price of Rs 32,975 per ten gram, set on November 27 last year, with its biggest ever single day surge as panic-striken investors rushed to purchase gold as a safe haven during current financial crisis when forex and equity melting fast.

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