Indian gold prices hit record high, dampen demand – dealers

MUMBAI (Reuters) – Indian gold futures hit a fresh all-time high on Thursday, tracking gains in overseas markets, but the rally dampened demand in the world’s second-biggest consumer of the precious metal, dealers said.

Domestic gold futures rose to 61,490 rupees ($752.49) per 10 grams, up nearly 12% so far in 2023.

($1 = 81.7150 Indian rupees)

(Reporting by Rajendra Jadhav; Editing by Jacqueline Wong)

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