Gold price climbs to Rs 61,000 per 10g in Ahmedabad

Tracing its international rally, gold price in the Ahmedabad market too soared to Rs 61,000 per 10 gram on Monday.

The yellow metal price increased by Rs 1,000 per 10 gram against Saturday’s closing price of Rs 60,000 per 10 gram here.

Gold prices rose to $1,983.65 per troy ounce around 7.15pm in the international market, as the global financial markets remained highly volatile with the collapse of Swiss lender, Credit Suisse.

Yellow metal price however, touched $2,014.9 during the day a yearly high.

Gold analysts said that stock markets across the globe remained volatile with banking stocks across the globe continuing to sink.