Gold glitters, nears Rs 39,000

New Delhi, August 22

Continuing the record-setting trend, gold price today hit a new high of Rs 38,970 per 10 gram by gaining Rs 150 in the national capital, according to the All India Sarafa Association, mainly on account of a weaker rupee and safe-haven buying from investors due to weak equity market.

Gold prices have been hitting a fresh high every day since Tuesday. Silver advanced by Rs 60 to Rs 45,100 per kg. — PTI