Gold reached a historical high of Rs 77,332 per 10 gm on Friday, surpassing the Rs 77,000 mark. The market expectation is that by Diwali, prices will cross Rs 80,000 per 10 gm mark and may even touch Rs 85,000 per 10 gm level. With the Goods & Services Tax (GST) of 3 per cent, gold is now commanding a price of Rs 79,651 per 10 gm in the physical market – short of Rs 349 to touch Rs 80,000 per 10 gm.
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