India's gold futures have surpassed 100,000 rupees, setting a new historical high.

Jin10 data reported on June 13, according to Reuters, traders said that due to the weak rupee and tracking the rise in overseas markets, Indian gold futures broke the important psychological barrier of 100,000 rupees/10 grams (1161.02 USD) for the first time on Friday morning. The surge in gold prices has squeezed demand in the world’s second-largest gold-consuming country.

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