Gold price inches closer to Rs 1 lakh-mark in Delhi: Here's why

The price of precious yellow metal continues to surge in India as it inched closer to the psychological mark of Rs 1 lakh per 10 grams in the national capital on Monday. According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity surged Rs 1,650 to touch the level of Rs 99,800 per 10 grams. Its value had declined Rs 20 to close at Rs 98,150 per on Friday.

Business