India Gold Hits Fresh Peak

India's gold futures extended gains to hit a fresh peak of 21,232 rupees ($470.3) per 10 grams on Monday morning in step with overseas markets and on a weaker rupee, analysts said.

At 10:05 a.m. gold for April delivery on the Multi Commodity Exchange (MCX) traded at 21,204 rupees, up 0.5 percent. A weaker rupee makes the dollar-quoted yellow metal expensive.

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